Nestle buying vegetarian meals maker Sweet Earth

Nestle, the world's biggest food and drinks company, penned a deal to buy husband-and-wife startup Sweet Earth.

Nestle declinined to disclose terms of the deal to buy the seller of frozen burritos stuffed with quinoa, beans and other vegetarian ingredients.

"This segment has been identified for us globally as a key area a few years ago," said Wayne England, head of strategic food operations at Nestle. "Giving the world better access to vegetarian-based or plant-based food is something we want to do."

Read more from The Associated Press.