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Announced

Nestle to acquire a majority stake in Mindful Chef.

Synopsis

Nestle, a Swiss multinational food and drink processing conglomerate corporation, agreed to acquire a majority stake in Mindful Chef, a healthy recipe box and prepared frozen meals company. Financial terms were not disclosed. “I’m delighted to welcome the Mindful Chef team to Nestlé. Giles, Myles and Rob have built a brand with a clear purpose, offering consumers a trustworthy proposition that makes healthy eating easy through a direct-to-consumer subscription model. Nestlé and Mindful Chef share an ambition to increase the availability and convenience of healthy food while paying close attention to how ingredients are sourced and reducing food waste. It means this is an ideal partnership for both parties as Nestlé continues to transform its portfolio and Mindful Chef accelerates its growth plans,” Stefano Agostini, Nestle CEO of UK & Ireland.

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