Deal marks Nestlé’s first acquisition under CEO Philipp Navratil as it expands in ready-to-drink meal products.
Nestlé has purchased the remaining shares of Yfood, a Munich-based ready-to-drink meals company, completing an acquisition announced on 3 June. The Swiss group initially took a 49% stake in 2023 but did not disclose financial terms for either transaction.
Yfood, founded in 2017, reported sales of €150m in 2025, reflecting double-digit year-on-year growth. The company operates in 30 countries and is expanding beyond Europe. Nestlé’s move follows Danone’s €1bn acquisition of rival Huel in March.
Nestlé stated Yfood’s growth stems from brand building, distribution expansion, and product innovation, positioning it for further market entry.