Nestlé completed the acquisition of a majority stake in Ankerkraut from EMZ.

Nestlé, a food & beverage company, completed the acquisition of a majority stake in Ankerkraut, a Germany-based spice blending company, from EMZ, a private equity firm. Financial terms were not disclosed. “I am delighted to welcome the Ankerkraut team to our Nestlé family. We are both convinced that we can learn a lot from each other and bring the best of two worlds together! For example, how brands are built, trends are picked up and innovations are created, or how a portfolio can grow successfully. Ankerkraut, with its strong omnichannel presence, complements us very well. The brand brings people together who want to cook well and deliciously at home - I think that's great. Together we will continue the success story of Ankerkraut," Marc Boersch, Nestlé CEO.