Nestle, the global food industry giant, has agreed to fully acquire yfood Labs GmbH, one of Europe’s leading ‘smart food’ brands.
Nestle has held a 49% minority stake in the German ready-to-drink meals business since 2023. Subject to customary approvals, the remaining shares held by the founders are expected to transfer to Nestle with effect from 3rd July 2026. While the financial terms of the transaction will officially not be disclosed, the Financial Post said the deal valued yfood at $523 million.
Full ownership will allow Nestle to leverage its global infrastructure, international distribution network, and operational scale to accelerate yfood’s growth. The brand offers nutritionally complete ready-to-drink meals across 30 countries at more than 50,000 points of sale, largely in Europe. Driven by strong brand building, expanded distribution, and continuous product innovation, yfood generated approximately €150 million ($174 million) in sales during 2025, representing double-digit year-on-year growth.
The company is currently preparing for its next phase of growth, including the brand’s expansion into new markets beyond Europe.
Source: Nestle / Food Dive / Latham & Watkins
