The food and beverage giant Nestle S.A. issued a statement on the 3rd, announcing its plan to acquire full ownership of the German smart food brand yfood Labs. This marks the first asset acquisition completed by the group since Philipp Navratil assumed the role of Chief Executive Officer last September.
According to the announcement, Nestle S.A. had already purchased a 49% stake in the Munich-based company back in 2023. Following the completion of this latest transaction, the remaining shares held by yfood's founders are scheduled to be formally transferred on July 3, 2026, at which point Nestle S.A. will gain complete control. The specific financial terms of the deal have not been disclosed by either party.
Headquartered in Germany, yfood primarily produces and sells ready-to-drink meal replacement beverages, meal replacement powders, and nutrition bars across the European market. Benefiting from recent business expansion, the brand achieved sales of approximately 150 million euros in 2025, representing robust double-digit year-on-year growth. Following its full integration into Nestle S.A., yfood is now preparing to further extend its brand operations into new overseas markets beyond Europe.
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