The transaction marks the end of a joint venture that began in 2019, when Nestlé sold an initial stake in Herta to Casa Tarradellas. At the time, the move reflected Nestlé’s broader shift away from traditional meat products.
Herta, known for its charcuterie, cold cuts, and other meat-based offerings, had been under strategic review for several years. Nestlé said the business no longer aligned with its focus on healthier nutrition and plant-based alternatives, priorities that have increasingly shaped the company’s portfolio decisions.
The divestment comes amid a wider company-wide review initiated by Nestlé’s new CEO, Philipp Navratil. The review is examining several parts of the business, including water and vitamins units, and could result in additional sales or partnerships. The aim, according to Nestlé, is to concentrate on high-growth sectors and streamline the company’s offerings as the world’s largest packaged food company adapts to changing consumer preferences.