Nestlé acquires Freshly for $950M

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

“NESTLÉ acquired FRESHLY, one of the leading fresh-prepared meal delivery services in the U.S. The deal values Freshly at $950 million, with potential earnouts up to $550 million contingent to the successful growth of the business.”foodengineeringmag.com

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• foodengineeringmag.comPeople and Industry News: January 2021 | Food EngineeringBy: Alyse Thompson-RichardsDec 30, 2020

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