Nestle Sells Holistic Health Dietary Supplement Platform
Swiss-based food giant Nestle is preparing to divest its Holistic Health unit, which includes vitamin and dietary supplement operations.
Swiss-based global food giant Nestle has reached an agreement to sell its Holistic Health platform, through which it conducts vitamin, mineral, and dietary supplement operations, to private equity firm Yellow Wood Partners for $1 billion.
Details of the Agreement
Swiss-based food giant Nestle announced that it has reached an official agreement with Yellow Wood Partners regarding the sale of the Holistic Health platform.
Brands Included in the Scope
This strategic agreement includes the brands Nature's Bounty, Osteo Bi-Flex, Ester-C, Gard, Nuun, Puritan's Pride, and Sisu.
US Operations
The sale process also fully encompasses the private-label dietary supplement operations of the companies in question within the United States.