Mars to acquire Kind bars maker to push into healthy snacks market

Candy manufacturer Mars Inc said on Tuesday it would buy Kind North America, the company that makes healthy granola and energy bars, as the Snickers and M&M maker looks to extend its global reach.

The acquisition of Kind North America will add to Mars' existing partnership with Kind International that operates across 35 countries. 

Kind will operate as a separate business within Mars globally, the companies said.Terms of the deal were not disclosed. The New York Times reported that the deal valued Kind at about $5 billion, citing people familiar with the matter.

Both the companies declined to comment on the value of