Nestlé has carved out the greatest part of its vitamins, minerals and supplements (VMS) business in a $1bn (£0.7bn) sale to Boston private equity firm Yellow Wood Partners.
While Nestlé will retain a number of high-performing brands, the sale will carve out what Nestlé called its “mainstream” VMS business, comprising of the Nature’s Bounty, Osteo Bi-Flex, Gard, Nuun, Puritan’s Pride and Sisu brands and associated US private-label supplements business.
Predominantly based in the US, the carved-out business turned over $1.2bn in 2025.
Nestlé will keep hold of more premium brands, including Solgar and Pure Encapsulations. Subject to regulatory approvals, the deal is expected to close by the first half of 2027.
Nestlé CEO Philipp Navratil called the sale “another important step in the strategic transformation” of his company’s portfolio.
“We are focusing our resources where we have the strongest competitive advantage,” he said.
“With Nestlé’s strong innovation and brand-building capabilities, we are well positioned for growth in the premium, science-led VMS space, where brands such as Solgar and Pure Encapsulations continue to perform strongly. At the same time, the category has evolved, and the mainstream VMS business requires a different approach under dedicated ownership.”
Also expected to close in the first half of 2027 is Nestlé’s 50% divestment of its waters business to form a joint venture with private equity firm Platinum Equity.
Long-expected, the sales are part of Navratil’s strategy to slash Nestlé’s footprint by 16,000 staff and focus on brands that can grow volumes sold.
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