Nestle sells supplements business for $1bn
ZURICH: Nestle will sell its mainstream vitamins, minerals and supplements business to US private equity firm Yellow Wood Partners for $1 billion, the Swiss food giant said in a statement on Tuesday. It said the transaction would allow it to focus resources on areas where it has the “strongest competitive advantage”. CEO Philipp Navratil in the statement called it “another important step in the…
ZURICH - Swiss food company Nestle announced on Tuesday that it will sell its mainstream vitamins, minerals, and supplements business to US private equity firm Yellow Wood Partners for a sum of $1 billion, according to a statement released by the company. This strategic move, according to Nestle, will enable the organization to concentrate its efforts on areas where it holds the most competitive edge. CEO Philipp Navratil emphasized the importance of this sale in the company's ongoing strategic transformation.
The sale encompasses Nestle's consumer-oriented vitamins, minerals, and supplements businesses. Despite Nestle maintaining a strong presence in the premium segment of this market, the mainstream business, according to the company, requires a distinct approach under separate ownership. Assuming regulatory approval, the transaction is projected to be finalized by the first half of 2027, as stated in the statement.
In 2025, the mainstream supplements business generated sales of $1.2 billion. The company primarily operates within the United States, with additional operations in countries such as Canada and China.
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