Dive Brief:
- Nestlé is selling its mainstream vitamins, minerals and supplements business to private equity firm Yellow Wood Partners for $1 billion. The transaction is subject to regulatory approvals and is expected to close by the first half of 2027.
- The transaction involves seven brands: Nature's Bounty, Osteo Bi-Flex, Ester-C, Gard, Nuun, Puritan's Pride and Sisu. It also includes Nestlé's U.S. private-label supplements business, plus dedicated manufacturing, packaging, warehousing and distribution operations.
- Nestlé's mainstream vitamins business generated $1.2 billion in sales in 2025. The divestiture continues what has been an active period of sales for Nestlé as it aims to focus on its high-growth businesses and sectors where it is a market leader, such as pet food and coffee.
Dive Insight:
Nestlé has been courting buyers for a number of its businesses as CEO Philipp Navratil continues an aggressive plan to turnaround sales and focus attention on its biggest brands.
In July, Nestlé sold half of its premium waters business to private equity firm Platinum Equity in a $3.4 billion deal that created a joint venture encompassing brands such as S.Pellegrino, Source Perrier and Essentia. Earlier this year, it divested Blue Bottle Coffee to Centurium Capital and the remainder of its ice cream business to Froneri.
Navratil said in a statement that the mainstream vitamins, minerals and supplements space has “evolved” and Nestlé's brands require a “different approach under dedicated ownership.” The company's vitamin brands are predominantly concentrated s in the U.S.,with a presence in other countries, including Canada and China.
Nestlé will continue to play in the premium, science-led vitamins, minerals and supplements space, retaining high-performing brands such as Solgar and Pure Encapsulations.
“This is another important step in the strategic transformation of our portfolio," Navratil said. “We are focusing our resources where we have the strongest competitive advantage.”
Nestlé, which reported $111 billion in global revenue for 2025, has focused efforts on the highest performing brands within coffee, petcare and nutrition, as well as food and snacks. In the U.S., the largest market for Nestlé, the company owns everything from Toll House chocolate chips and Hot Pockets to Lean Cuisine and Nespresso.
During Nestle’s second quarter, organic sales globally rose 3.7% due to higher pricing and an increase in sales volumes. Overall, sales were $26.8 billion (21.8 billion Swiss francs) for the second quarter, slightly higher than the $26.6 billion (21.6 billion francs) reported a year earlier.
In Zone Americas, Nestlé posted organic sales growth of 2.8% during the period, reporting$11.69 billion (9.54 billion francs) in sales.
