Nestlé has found a buyer for the "mainstream" vitamins, minerals and supplements (VMS) brands it put under review last year.
The Swiss food giant has agreed to offload the portfolio to US private-equity firm Yellow Wood Partners for SFr800m ($1bn).
The disposal concludes the process Nestlé launched last year for its "mainstream and value VMS brands".
Nestlé has labelled the portfolio being sold as the "Holistic Health portfolio". It includes seven brands: Nature's Bounty, Osteo Bi-Flex, Ester-C, Gard, Puritan's Pride, Sisu and hydration brand Nuun.
The company acquired Nuun in May 2021, then describing the US business as "a leader in the fast-growing functional hydration category".
#nestl #Portfolio #year #swiss
The Swiss food giant has agreed to offload the portfolio to US private-equity firm Yellow Wood Partners for SFr800m ($1bn).
The disposal concludes the process Nestlé launched last year for its "mainstream and value VMS brands".
Nestlé has labelled the portfolio being sold as the "Holistic Health portfolio". It includes seven brands: Nature's Bounty, Osteo Bi-Flex, Ester-C, Gard, Puritan's Pride, Sisu and hydration brand Nuun.
The company acquired Nuun in May 2021, then describing the US business as "a leader in the fast-growing functional hydration category".
#nestl #Portfolio #year #swiss
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