Factor, an American ready-to-eat meal delivery service, has opened a new fulfillment and distribution center in Lake Zurich, Illinois. The facility, which spans around 100,000sft, is expected to support the future growth plans of Factor, while opening up 700 new jobs. Factor, which was founded in 2013, was acquired by HelloFresh a couple of years […]
HelloFresh acquisition of Factor75 : German meal kit company HelloFresh said that its US subsidiaries have signed a deal worth up to $277 million to acquire meal delivery service provider Factor75 (Factor). Based in Batavia, Illinois, Factor75 provides fully-prepared, fresh meals that are claimed to combine health, convenience, and restaurant-quality taste. The ready-to-eat meal The […]
Nestlé acquisition of Freshly : Swiss food and beverage giant Nestlé, through its US subsidiary, has acquired Freshly, an American provider of fresh-prepared meal delivery services, in a deal worth up to $1.5 billion. The consideration includes a fixed price of $950 million and up to $550 million in potential earnouts, which will be based […]
Freshly, a fresh-prepared meal delivery service in the US announced plans to open a new facility in the City of Commerce in Los Angeles County in California in a move to expand its food manufacturing operations on the US west coast. The new 111,260 square foot USDA-approved facility will start operating in December. Freshly said […]