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Nestlé takes full control of German meal-drink brand yfood

Philipp Navratil's first deal as chief executive adds a fast-growing 'smart food' brand to Nestlé's new nutrition division.

M&A News deals deskConsumer / Food and nutrition · Germany, Europe3 Jun 2026

Nestlé agreed on 3 June to acquire full ownership of yfood Labs, the Munich maker of ready-to-drink meals, bars and powders, buying out its two founders three years after taking a 49% stake.

yfood Labs GmbH website: yfood.com

Why Nestlé S.A. is buying yfood Labs GmbH (remaining 51%)

Nestlé said full ownership would let it use its global infrastructure, distribution network and scale to accelerate yfood's growth in Europe and beyond. The brand sits in Nestlé's nutrition division alongside Boost and Nestlé Vital.

“Becoming the full brand owner will allow us to accelerate its growth story, in Europe and beyond.”Sophia Jalal, SVP, Head of Nutrition & Health Business, Zone Europe, Nestlé

Deal terms and financing

Founders and co-chief executives Benjamin Kremer and Noel Bollmann are transferring their shares to Nestlé; financial terms were not disclosed. yfood will remain an independent company headquartered in Munich and keep its brand identity, with leadership passing to Nestlé's Jolanda Schwirtz.

Regulatory approvals and timing

The deal was subject to customary regulatory and antitrust approvals, with the share transfer expected to take effect on 3 July 2026.

Market context

Founded in 2017, yfood sells in 30 countries, with retail presence in 18 European markets and more than 50,000 points of sale. The deal followed Danone's agreement to buy rival Huel.

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