Yfood, one of the direct-to-consumer food tech startups that has emerged over the last decade around the concept of meal replacement drinks, is bulking up. Nestle, the food and drink behemoth, has acquired 49.95% of the company’s shares, with the option to buy Yfood’s outstanding shares over the next few years. The financial terms of […]
Nestle takes a big swig of Yfood in a deal that values the meal replacement startup at $469M by Ingrid Lunden originally published on TechCrunch...