Hellofresh buys ready meal producer in the USA

Factor is a US-American supplier of ready-made, fresh meals

24-Nov-2020 - Germany
The cooking box mail order company Hellofresh is strengthening its presence in the United States. For up to 277 million US dollars in cash, subject to the usual purchase price adjustment mechanisms, the US company Factor75 is to be bought, as Hellofresh announced in Berlin on Monday. A contract to this effect had been concluded. Factor is a US-American supplier of ready-made, fresh meals. Factor expects a turnover of approximately 100 million US dollars for the business year 2020 (dpa).
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