Nestlé plant in Konolfingen (Switzerland)
Photo: Arnd Wiegmann / REUTERS
The food company Nestlé is expanding its presence in the USA.
Nestlé is now taking over the US company Freshly in its entirety, after a minority stake was bought in 2017.
The deal is worth $ 950 million, as Nestlé announced.
There are also potential earnouts of up to $ 550 million, depending on the company's growth.
Freshly, which specializes in healthy and fresh meals, was founded in 2015.
In 2017, Nestlé already participated with a share of around 16 percent.
The company supplies customers throughout the United States with meals to be reheated.
According to Nestlé, there are currently more than a million meals a week.
In 2020 as a whole, Freshly had sales of around $ 430 million.
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