Published by Global Banking & Finance Review®
Posted on December 23, 2025
1 min readLast updated: January 20, 2026
Add as preferred source on GoogleNestle has sold its remaining 40% stake in Herta Foods to Casa Tarradellas, ending their joint venture as part of a strategic shift.
LONDON, Dec 23 (Reuters) - Nestle said on Tuesday it had completed the sale of its remaining 40% stake in packaged meat business Herta Foods to Spanish company Casa Tarradellas.
No other terms were disclosed.
Nestle said the joint venture that had been created in 2019 when it sold an initial stake in Herta to Casa Tarradellas had come to an end.
Nestle first put Herta charcuterie, the cold cuts and meat-based products unit, under strategic review as it no longer fitted with the company's strategic focus on healthy nutrition and plant-based offerings.
Nestle currently has water and vitamins businesses under review and new CEO Philipp Navratil has ordered a portfolio-wide review that could see brands sold or partnered off as the world's largest packaged food company looks to focus on fast-growing areas.
(Reporting by Alexander Marrow; Editing by Kirsten Donovan)
A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or business activity, sharing both the risks and profits.
Corporate strategy refers to the overall plan and direction of a company, focusing on how to achieve its goals and objectives while managing resources effectively.
Investment is the act of allocating resources, usually money, in order to generate income or profit. It can involve purchasing assets like stocks, bonds, or real estate.
Market trends are the general direction in which a market is moving, typically identified through analysis of data and indicators that reflect consumer behavior and economic conditions.
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