Nestle USA completed the acquisition of Freshly for $950m.

Nestle USA, a retailer of foods and beverages, completed the acquisition of Freshly, a New York-based prepared meal delivery company, for $950m. This move brings together Nestle's deep understanding of what and how people eat at home, and world class research and development capabilities with Freshly's highly specialized consumer analytics platform and distribution network to fuel growth opportunities within the Freshly business and across Nestle's portfolio. "We are excited to welcome Freshly to the Nestle family. Consumers are embracing e-commerce and eating at home like never before. It's an evolution brought on by the pandemic but taking hold for the long term. Freshly is an innovative, fast-growing, food-tech startup, and adding them to the portfolio accelerates our ability to capitalize on the new realities in the US food market and further positions Nestlé to win in the future," Steve Presley, Nestle USA Chairman and CEO.