Nestlé acquires healthy meal startup Freshly for up to $1.5B

Oct 30, 2020 - TechCrunch
Mergers and Acquisitions

Nestlé USA just announced that it has acquired Freshly for $1.5 billion — $950 million plus potential earnouts of up to $550 million based on future growth.

Founded in 2015, Freshly is a New York City-based startup that offers healthy meals delivered to your home in weekly orders, then prepared in a few minutes via microwave or oven,  So you get the benefit of fresh, healthy meals but — unlike signing up with a meal kit startup — you don’t have to spend a...