Nestle stock: SimplyCook sale marks another portfolio step

Nestle stock traded at 94.79 euros on Lang & Schwarz at 17:10 CET on Friday, November 13, 2026. The quote moved from 93.68 euros in the company's latest relevant report published on Thursday, November 12, a difference of 1.1849 percent since that report.

SimplyCook changes ownership

Nestle announced the sale of SimplyCook to Jardox on November 3, 2026. The UK recipe-kit business has now left Nestle's direct-to-consumer portfolio, according to the Nestle announcement.

Jardox supplies ingredients and flavourings and has maintained a long-standing partnership with SimplyCook. The buyer takes control of the London-founded meal-kit brand, which offers pre-portioned flavour blends and cooking instructions.

Terms remain undisclosed

Food Manufacture reported on November 12 that the financial terms were not disclosed. Nestle acquired SimplyCook in February 2021 for an undisclosed amount, so investors cannot quantify the transaction's direct earnings impact from the announcement.

Nestle said the sale supports its focus on simplifying the business to drive growth. The company also described SimplyCook as a differentiated UK meal-kit proposition with a strong brand and said the business had built a loyal customer base during its ownership.

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