Key facts
- Nestle SA is taking full control of yfood Labs GmbH.
- The acquisition is part of Nestle's strategy to focus on faster-growing brands.
- This is the first acquisition under Nestle's new CEO.
Nestle SA is acquiring full control of the ready-to-drink meal maker yfood Labs GmbH. This move is intended to bolster the company's strategy of focusing on brands that exhibit faster growth. The acquisition marks a significant step for Nestle's new leadership as it aims to reshape its portfolio towards higher-growth segments. This is the first acquisition under the company's new CEO.
