Nestlé Expands Smart Food

Nestlé Takes Full Control of yfood Labs in €450M Deal, Boosting European Presence

Nestlé said it will take full ownership of German “smart food” maker yfood Labs by buying out the remaining shares from the company’s founders, after holding a 49% stake since 2023 and making it its first relevant acquisition since CEO Philipp Navratil took over. The transaction terms are undisclosed, but sources cited by Bloomberg put yfood’s value at about 450 million euros, with the share transfer expected to complete on July 3. Nestlé said it aims to accelerate yfood’s growth while yfood will continue to operate independently, with leadership to shift to Nestlé executive Jolanda Schwirtz once the deal closes. yfood sells drinkable meal replacements—such as drinks, powders, and bars—marketed as nutritionally complete alternatives, generating roughly 150 million euros in revenue in 2025 and reaching consumers across dozens of countries. Nestlé also framed the move as strengthening its Europe presence while supporting expansion beyond the continent, including into the United States. Separately, market-analytics coverage notes Nestlé is trading around the low-to-mid 20s on earnings multiples and may appear slightly undervalued versus modeled intrinsic value measures.

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