Nestle is slimming down its supplement shelf, and it’s cashing a $1 billion check to do it. The Swiss food giant said Tuesday it will sell seven mainstream vitamin and supplement brands—Nature’s Bounty, Osteo Bi-Flex, Ester-C, Gard, Nuun, Puritan’s Pride, and SisuNature’s Bounty and Sisu—to Boston private-equity firm Yellow Wood Partners, per Reuters. The brands, largely based in the US but also present in Canada and China, generated about $1.2 billion in sales last year.
The move continues Nestle’s push to shed non-core units and concentrate on four main pillars: coffee, pet care, nutrition, and food, per the Wall Street Journal. “We are focusing ?our resources where we have the strongest competitive advantage,” said CEO Philipp Navratil, who took over the job a year ago. He said Nestle wants to lean into “premium, science-led” supplements such as Solgar and Pure Encapsulations, while Yellow Wood argues the acquired brands can grow faster as a standalone company. The deal is expected to close by mid-2027, pending regulatory sign-off.