Nestle to divest mainstream supplements business for $1 billion
Nestle has agreed to sell its mainstream vitamins, minerals and supplements business, known as Holistic Health, to private equity firm Yellow Wood Partners for a price of $1 billion, as reported by Reuters on September 1. The deal encompasses seven brands - Nature's Bounty, Osteo Bi-Flex, Ester-C, Gard, Nuun, Puritan’s Pride and Sisu - along with the U.S. private-label supplements business.
Nestle CEO Philipp Navratil stated that the company is concentrating its resources on areas where it has a competitive edge, and that the mainstream VMS business requires a distinct approach under separate ownership. The transaction, anticipated to be finalized by the first half of 2027, marks Yellow Wood’s sixth acquisition from prominent consumer enterprises since 2019.
Yellow Wood previously acquired ChapStick from Haleon in 2024, and Elida Beauty, a non-core beauty and personal care division of Unilever, in 2023.
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