# Nestlé USA acquires Freshly for up to USD 1.5 billion

Nestlé USA acquired Freshly, a fresh-prepared meal delivery service, for USD 950 million with potential earnouts up to USD 550 million. The transaction was signed and closed on October 30, 2020.

- Type: Acquisition
- Announced: 2020-10-30
- Where: United States
- Value: $950.0M
- Status: completed
- Products: fresh-prepared meals
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Nestlé USA](https://endata.com/companies/47776.md) (acquirer)
- [Freshly](https://endata.com/companies/50873.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/nestle-usa-acquires-freshly-a-pioneer-in-healthy-prepared-meals-301164029.html), 2020-10-30: "We are excited to welcome Freshly to the Nestlé family."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.