Nestlé is acquiring the remaining stake in yfood Labs GmbH, taking full control of the ready-to-drink meals company, according to people familiar with the matter cited by Bloomberg and described broadly by Just-Food. The deal is presented as Nestlé’s first acquisition for its newer leadership team and as part of the company’s effort to concentrate on brands it considers faster-growing. Nestlé’s involvement with yfood began about three years ago, when it first invested in the business, and it now purchases the founders’ remaining ownership to consolidate operations under Nestlé. While the sources agree on the transaction’s purpose and that Nestlé is buying out the founders to gain full ownership, neither outlet’s provided text includes details such as the purchase price, regulatory timeline, or expected impact on Nestlé’s financial outlook. The acquisition reflects Nestlé’s continued interest in ready-to-drink food formats and nutrition-focused products.
Nestlé buys out Yfood founders, taking full control of ready-to-drink meals maker
Nestlé is acquiring the remaining stake in yfood Labs GmbH, taking full control of the ready-to-drink meals company, according to people familiar with the matter cited by Bloomberg and described broad...
- Nestlé is buying the remaining ownership in yfood Labs GmbH, taking full control.
- yfood is described as a maker of ready-to-drink meals.
- Nestlé first invested in yfood about three years ago before buying out the rest.
- The transaction is presented as part of Nestlé’s strategy to focus on faster-growing brands.
- The sources do not provide deal price or specific regulatory/closing details in the provided text.
Nestlé has snapped up the rest of Yfood, the “ready-to-drink meals” firm in which it first invested three years ago. The post Nestlé to buy “ready-to-drink meals” firm Yfood outright appeared first on Just Food.
2 months agoNestle SA is taking full control of ready-to-drink meal maker yfood Labs GmbH, bolstering the company’s push to focus on faster-growing brands, according to people familiar with the matter.
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