Nestlé is to increase its stake in German frozen food and pizza company Wagner Tiefkuehlprodukte.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company currently owns a 49% stake and said it now intends to increase its shareholding to 74%, with effect from 1 January next year.


The deal is subject to the approval of the German Federal Cartel Office.


“Nestlé has established itself as the ideal partner, our business in Europe continues to develop new markets,” said Wagner CEO Gottfried Hares.


Hares added that the increased stake will have no influence on the control structure of the business, which remains equal between Wagner and Nestlé.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Wagner is based in Nonnweiler-Braunshausen and Nonnweiler-Otzenhausen, two towns in the Saarland region of Germany.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact