Nestle takes a big swig of Yfood in a deal that values the meal replacement startup at $469M

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 the deal are not being disclosed by the companies, but according to reliable sources close to the transaction, TechCrunch understands that Nestle’s acquisition values Yfood at €430 million ($469 million), meaning the investment that Nestle is mak

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