Nestlé acquires German meal replacement firm Yfood outright
On June 3, 2026, Nestlé announced the full acquisition of Yfood, a German ready-to-drink meal company, after initially purchasing a 49% stake in 2023. The deal, valued at $523 million, is the first acquisition under new CEO Philipp Navratil. Yfood, founded in 2017, reported €150 million in 2025 sales and operates in 30 countries. The acquisition follows Danone’s €1 billion purchase of rival Huel in March 2026, highlighting growing competition in the meal replacement sector.
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Nestlé to buy “ready-to-drink meals” firm Yfood outright
Nestlé has acquired the remaining stake in Yfood, a German ready-to-drink meal company, three years after initially investing in a 49% stake. The deal, announced on June 3, 2026, is the first acquisition under new CEO Philipp Navratil. Financial terms were not disclosed. Yfood, founded in 2017 by Ben Kremer and Noël Bollmann, reported sales of approximately €150 million in 2025 with double-digit year-on-year growth. The company sells meal-in-a-drink products in 30 countries and plans to expand beyond Europe. Nestlé will install executive Jolanda Schwirtz as the new leader of Yfood. The acquisition follows Danone's reported €1 billion purchase of Yfood rival Huel in March 2026.
Yahoo FinanceNestlé acquires remaining stake in ready-to-drink meals brand yfood
Nestlé has acquired the remaining 51% of ready-to-drink meals brand yfood Labs from its founders, gaining full ownership. The deal, valued at $523 million according to the Financial Post, follows Nestlé's acquisition of a 49% minority stake in 2023. yfood, which generated $174 million in sales in 2025 (a double-digit increase), is available in 30 countries across over 50,000 points of sale, primarily in Europe. The acquisition aligns with Nestlé's goal to sell more nutritious products by 2030 and capitalizes on growing consumer demand for convenient, portable meal replacements, particularly among users of GLP-1 weight-loss medications. The deal comes months after Danone's $1.2 billion purchase of similar brand Huel.
Yahoo FinanceNestlé to acquire ready-to-drink meals firm Yfood outright
Nestlé has announced the full acquisition of Yfood, a German ready-to-drink meal replacement company, after initially purchasing a 49% stake in 2023. The deal, announced on June 3, 2026, marks the first acquisition under new Nestlé CEO Philipp Navratil, who took office in September 2025. Financial terms were not disclosed. Yfood, founded in 2017 by Ben Kremer and Noël Bollmann, reported sales of approximately €150 million in 2025, representing double-digit year-on-year growth. The Munich-based company sells its meal-in-a-drink products in 30 countries and plans to expand into new markets beyond Europe. The acquisition follows Danone's reported €1 billion purchase of Yfood rival Huel in March 2026, highlighting growing competition in the meal replacement sector.
Yahoo FinanceNestlé to buy ready-to-drink meal firm Yfood outright
Nestlé has acquired the remaining stake in Yfood, a German 'ready-to-drink meal' company, three years after initially investing in a 49% stake. The deal, announced on June 3, 2026, is the first acquisition under new Nestlé CEO Philipp Navratil, who took office in September 2025. Financial terms were not disclosed. Yfood, founded in 2017 by Ben Kremer and Noël Bollmann, sells meal-in-a-drink products in 30 countries and reported sales of approximately €150 million in 2025, representing double-digit year-on-year growth. Nestlé stated that Yfood is preparing for expansion into new markets beyond Europe. The acquisition follows Danone's March 2026 agreement to pay a reported €1 billion for Yfood rival Huel.
Yahoo FinanceNestlé to acquire ready-to-drink meals firm Yfood outright
Nestlé has announced the full acquisition of Yfood, a German ready-to-drink meal company, on June 3, 2026. This marks the first acquisition under new CEO Philipp Navratil, who took over in September 2025. Nestlé initially purchased a 49% stake in Yfood in 2023. The financial terms of the deal were not disclosed. Yfood, founded in 2017 by Ben Kremer and Noël Bollmann, reported sales of approximately €150 million in 2025, with double-digit year-on-year growth. The Munich-based company sells its meal-in-a-drink products in 30 countries and plans to expand beyond Europe. Leadership will transition to Yfood executive Jolanda Schwirtz. The acquisition follows Danone's reported €1 billion purchase of Yfood rival Huel in March 2026.
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