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Nestlé to acquire core brands of The Bountiful Company, expands health and nutrition portfolio


Vevey, Switzerland,
Nestlé and KKR today have entered into an agreement in which Nestlé will acquire core brands of The Bountiful Company for
USD 5.75 billion. The Bountiful Company is the number one pure-play leader in the highly attractive and growing global nutrition and supplement category.
The transaction includes the high-growth brands Nature s Bounty®, Solgar®, Osteo Bi-Flex® and Puritan’s Pride® as well as the company s
US private label business. These brands will be integrated into Nestlé Health Science, creating a global leader in vitamins, minerals and nutritional supplements. The Bountiful Company s sports and active nutrition brands Pure Protein®, Body Fortress® and MET-Rx®, as well as Dr.Organic® and the Canadian over-the-counter (OTC) business, which do not complement the Nestlé Health Science portfolio, are not included in the deal. The transaction is expected to close in the second half of 2021, following the completion ....

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Nestlé reports three-month sales for 2021


Nestlé reports three-month sales for 2021
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14:00
 
Organic growth reached 7.7%, with real internal growth (RIG) of 6.4% and pricing of 1.2%. Growth was broad-based across most geographies, supported by early signs of recovery from out-of-home channels, improved pricing and market share gains.
Foreign exchange reduced sales by 5.3% due to the continued appreciation of the Swiss franc against most currencies. Net divestitures had a negative impact of 1.0%. As a result, total reported sales increased by 1.3% to
CHF 21.1 billion (3M-2020:
CHF 20.8 billion).
Portfolio management on track. The sale of Nestlé s regional spring water brands, purified water business and beverage delivery service in the ....

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