Nestlé Sells Mainstream Supplements Business to Yellow Wood Partners for $1 Billion
Nestlé has agreed to sell its mainstream vitamins, minerals, and supplements (VMS) business—known as the Holistic Health portfolio—to US private-equity firm Yellow Wood Partners for $1 billion. The transaction includes seven well-known brands such as Nature's Bounty, Osteo Bi-Flex, Puritan’s Pride, and others, along with associated manufacturing and distribution operations in the U.S., Canada, and China. The sale marks a strategic shift by Nestlé to focus on premium VMS offerings like Solgar and Pure Encapsulations. The mainstream portfolio generated $1.2 billion in sales in 2025 but is being divested due to evolving market dynamics that require specialized ownership for optimal growth. Yellow Wood, which has previously acquired carveouts from companies such as Bayer and Unilever, plans to operate the brands independently. The deal requires regulatory approval and is expected to close by mid-2027. Nestlé also announced a strategic review of its New Zealand-based Go Healthy brand.
Topics: corporate strategy divestment private equity acquisition