In Switzerland, Nestlé acquired a majority stake in Terrafertil, a company selling natural, plant-based foods and healthy snacks. The move widens Nestlé’s presence in a fast-growing category in Latin America, the United States, and the United Kingdom.
Terrafertil is recognized for its natural and mostly organic products. It is the world’s largest buyer of goldenberries, an Andean superfood high in vitamins and antioxidants.
The transaction includes all of Terrafertil’s operations and assets in the seven countries where it operates. Laurent Freixe, CEO of Nestlé Zone Americas said, “We are excited to welcome Terrafertil and its employees to the Nestlé family. Its natural, organic and healthy products fully support Nestlé’s purpose to enhance the quality of life and contribute to a healthier future. This investment allows us to strengthen our presence in fast-growing categories such as plant-based foods, beverages and healthy snacks, known as ‘superfoods’ due to their high natural nutrient content.”