Nestle Takes Full Control of Yfood in €450 Million Buyout
Updated
Updated · Bloomberg · Jun 3
Nestle Takes Full Control of Yfood in €450 Million Buyout
1 articles · Updated · Bloomberg · Jun 3
Summary
Nestle is buying out yfood founders Noel Bollmann and Benjamin Kremer, taking 100% ownership of the Munich-based ready-to-drink meal maker for an undisclosed sum.
The deal values yfood at about €450 million, according to people familiar with the matter, and expands Nestle’s exposure to faster-growing nutrition brands.
Nestle had already bought a 49% stake in yfood in 2023, making the latest transaction a full takeover rather than a first-time investment.
The acquisition is the first under Nestle’s new CEO and signals a push to sharpen the Swiss group’s portfolio around higher-growth categories.