Nestlé to Acquire The Bountiful Co. for $5.75 | powderb

Nestlé to Acquire The Bountiful Co. for $5.75 | powderbulksolids.com


Nestlé and KKR have entered into an agreement in which Nestlé will acquire core brands of The Bountiful Co. for $5.75 billion. The Bountiful Company is the number one pure-play leader in the growing global nutrition and supplement category.
The transaction includes the high-growth brands Nature's Bounty, Solgar, Osteo Bi-Flex and Puritan’s Pride, as well as the company's US private label business. These brands will be integrated into Nestlé Health Science, creating a global leader in vitamins, minerals, and nutritional supplements. The Bountiful Company's sports and active nutrition brands Pure Protein, Body Fortress, and MET-Rx, as well as Dr.Organic and the Canadian over-the-counter (OTC) business, which do not complement the Nestlé Health Science portfolio, are not included in the deal. The transaction is expected to close in the second half of 2021, following the completion of customary closing conditions, including regulatory clearance.

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