HelloFresh to Acquire Factor75

The move will assist HelloFresh’s U.S. growth plan, strengthening its leading position and expanding its total addressable market.

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HelloFresh is paying up to $277 million to buy Factor75, a leading provider of fully prepared, fresh meals. The deal includes four production and fulfillment facilities. A new facility, to be launched in the near future, will allow the company to deliver more than $500 million worth of prepared meals annually. Expected to close within months, the transaction is subject to customary conditions and the approval of the majority of Factor’s shareholders.

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