Nestle to Buy The Bountiful Company's Core Brands for $5.75 Billion
April 30 2021 - 2:02AM
Dow Jones News
By Pietro Lombardi
Nestle SA has reached an agreement with KKR & Co. to buy
core brands of The Bountiful Company for $5.75 billion.
The Swiss company said Friday that the assets it is buying
include brands like Nature's Bounty, Solgar, Osteo Bi-Flex and
Puritan's Pride.
The deal, which should be completed in the second half of the
year, expands Nestle's health and nutrition portfolio. It doesn't
include The Bountiful Company's sports and active-nutrition
brands.
Write to Pietro Lombardi at pietro.lombardi@wsj.com;
@pietrolombard10
(END) Dow Jones Newswires
April 30, 2021 01:47 ET (05:47 GMT)
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