Nestlé to buy “ready-to-drink meals” firm Yfood outright

Nestlé has snapped up the remainder of Yfood, the “ready-to-drink meals” steadfast successful which it archetypal invested 3 years ago.

The deal, announced contiguous (3 June), is the archetypal acquisition made by Nestlé since CEO Philipp Navratil took the helm astatine the world’s largest food-and-drinks radical past September.

It besides follows the deal, announced successful March, that saw Danone hold to wage a reported €1bn ($1.16bn) for Yfood rival Huel.

As with Nestlé’s acquisition of its archetypal 49% involvement successful Yfood successful 2023, the fiscal presumption of the latest transaction were not disclosed.

Yfood was founded successful 2017 by Ben Kremer and Noël Bollmann. Kremer and Bollman remained bulk shareholders and led the concern aft Nestlé archetypal invested. Past investors successful Yfood person included dairy radical Fonterra, which took portion successful a backing circular successful 2020.

Munich-based Yfood sells its meal-in-a-drink products successful 30 countries.

In a little statement, Nestlé said Yfood’s income were astir €150m successful 2025, which, the Swiss elephantine added, “represented double-digit year-on-year growth”.

“Through beardown marque building, expanded organisation and continuous merchandise innovation, the institution has achieved sustained growth,” Nestlé said.

“Yfood is present preparing for its adjacent signifier of growth, including the brand’s enlargement into caller markets beyond Europe.”

"Nestlé to bargain “ready-to-drink meals” steadfast Yfood outright" was primitively created and published by Just Food, a GlobalData owned brand.

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