
Nestlé Agrees to Sell Vitamins and Supplements Division for $1 Billion
Nestlé has finalized an agreement to divest its mainstream vitamins and dietary supplements business to a private equity investor for approximately $1 billion. The sale marks a strategic shift for the food giant as it refocuses its portfolio on core nutrition and beverage segments.
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Nestlé to sell “mainstream” supplements business for $1bn
Read full article →Nestle to sell vitamins business for $1 billion
Swiss food manufacturer Nestlé plans to sell its mainstream vitamins and supplements business to United States private equity firm Yellow Wood Partners for $1 billion. The move comes as Nestlé CEO Philipp Navratil tries to streamline and turn around the Swiss foodmaker. The deal includes brands such as Nature’s Bounty, Osteo Bi-Flex and Puritan’s Pride alongside the US private-label supplements business and its manufacturing and logistics operations. The sale is the latest effort by Navratil ...
By swissinfo.ch
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