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Nestle Nabs $1B for Vitamin, Supplement Brands
Newser • • business
Key Points:
- Nestle is selling seven mainstream vitamin and supplement brands, including Nature's Bounty and Osteo Bi-Flex, to Boston private-equity firm Yellow Wood Partners for $1 billion.
- These brands generated approximately $1.2 billion in sales last year and have a presence in the US, Canada, and China.
- The sale aligns with Nestle's strategy to focus on its core pillars: coffee, pet care, nutrition, and food, while emphasizing premium, science-led supplements like Solgar and Pure Encapsulations.
- Nestle CEO Philipp Navratil highlighted the company's intent to concentrate resources where it has the strongest competitive advantage.
- The transaction is expected to close by mid-2027, subject to regulatory approval.
