Nestlé has reached an agreement to sell its main division of vitamins, minerals, and supplements, the “holistic health” portfolio, to Yellow Wood Partners for 1 billion dollars (0.8 billion Swiss francs). Yellow Wood is a leading private equity firm in the consumer goods sector that owns brands such as Dr. Scholl’s. The transaction, according to a statement from the Swiss multinational, is expected to be completed by the first half of 2027.
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“This is another important milestone in the strategic transformation of our portfolio,” said Philipp Navratil, CEO of Nestlé. “We allocate our resources primarily where we have the greatest competitive advantage. Thanks to Nestlé’s strong innovation and brand development capabilities, we are well positioned to continue our growth in the premium segment of vitamins, minerals, and dietary supplements, based on science, where brands like Solgar and Pure Encapsulations continue to deliver strong performance. At the same time, the category has evolved, and the consumer health products business requires a different approach, under the guidance of a dedicated owner.”
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The transaction includes seven brands: Nature’s Bounty, Osteo Bi-Flex, Ester-C, Gard, Nuun, Puritan’s Pride, and Sisu, as well as the associated US private label dietary supplements business, along with activities dedicated to manufacturing, packaging, storage, and distribution. In 2025, the business generated revenue of 1.2 billion dollars and operates mainly in the United States, with a presence in numerous other countries, including Canada and China.
