Nestle acquires majority stake in Terrafertil

Nestle has recently acquired majority stake in organic food company Terrafertil

 

The move widens its presence in Latin America, the United States and the United Kingdom.

 

Terrafertil focuses on dried golden berries and has four factories in Ecuador, Mexico, Colombia and Chile. It was founded in 2005 and is managed by three founding brothers.

 

The transaction includes all of Terrafertil’s operations and assets in the seven countries where it operates.

 

According to the company statement, “Terrafertil will continue to be managed by its founders and will operate as a stand-alone entity.”