LEEF Acquires Wisefood in Strategic Move for Sustainable Packaging Growth

Palm leaf eco-pioneer LEEF has announced the acquisition of Wisefood, a German startup recognized for its edible packaging products, including straws and cups. Wisefood, which gained fame on the TV show "Die Höhle der Löwen," has secured a strong presence in both retail and the digital wholesale market, interacting with major clients like ALDI and EDEKA.

Found two years ago, Wisefood achieved swift financial success, with significant profit margins and a company valuation exceeding €5 million by 2021. This acquisition aligns with LEEF's aim to expand its eco-friendly product range and enter broader sales markets.

LEEF's leadership team, including Claudio Vietta, foresees new retail and e-commerce opportunities while emphasizing the merger of operations in 2025. This move strengthens LEEF's mission to deliver sustainable solutions and reinforces Wisefood's plan for European expansion.