Announced
Completed
Financials
Tags
Food Products
fresh meals
Private
Cross Border
Friendly
Acquisition
United States
Majority
Single Bidder
Completed
Private Equity
Synopsis
HelloFresh, a provider of meal kits, completed the acquisition of Factor75, a provider of fully-prepared, fresh meals, for $277m. "Direct-to-consumer ready-to-eat meals are a nascent food vertical that we believe has the potential to grow into a multi-billion dollar category over time. With Factor, HelloFresh, EveryPlate and Green Chef, we have four high-growth food brands in our Group, all benefiting from our strong growth engine, technology and supply chain infrastructure," Uwe Voss, HelloFresh US CEO.
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