Latham & Watkins Advises yfood Founders on Sale to Nestlé

Latham & Watkins LLP has advised the founders of yfood Labs GmbH on the sale of their remaining stake in the company to Nestlé S.A. yfood is one of the leading smart food brands for ready-to-drink meals in Germany and Europe. The transaction is subject to customary regulatory and antitrust approvals and expected to close by July 3, 2026.

Nestlé has held a 49% minority stake in yfood since 2023. Full ownership will allow Nestlé to leverage its global infrastructure, international distribution network, and operational scale to accelerate yfood’s growth.

Latham & Watkins had already advised the founders in connection with Nestlé's initial investment.

The Latham team was led by Frankfurt corporate partner Maximilian Platzer and associate Sönke Bock, with associate Nils Horst. Advice was also provided on antitrust matters by associate Sebastian van Helden.