Nestlé signs agreement to acquire core brands of The Bountiful Company for US$5.75B

Date Announced

April 29, 2021

Lead Office

Toronto

Value

5.75 Billion USD

On April 30, 2021, Nestlé entered into an agreement with private equity firm KKR to acquire core brands of The Bountiful Company for US$5.75 billion. The transaction includes the high-growth brands Nature's Bounty®, Solgar®, Osteo Bi-Flex® and Puritan’s Pride® as well as The Bountiful Company's US private label business. These brands will be integrated into Nestlé Health Science, which focuses on vitamins, minerals and nutritional supplements.

Nestlé Health Science focuses on science-based consumer health, medical nutrition, pharmaceutical therapies, and vitamin and supplement brands and is a is a globally managed business unit of Nestlé.

McCarthy Tétrault advised Nestlé with a team led by Lara Nathans and Mark McEwan that included Éric Gosselin, Matt Vaughan, Sara Ferguson and Vivian Sy (Corporate/M&A), Martha Harrison and Carmen Francis (International Trade), Stephanie Sugar (Litigation), Kate McNeill-Keller and Nicole Naglie (Labour & Employment), Fred Purkey and Marie-Soleil Landry (Tax), Conrad Lee (Technology), Vincent Yip (Intellectual Property), and Gregory J. Winfield and Kelleher Lynch (Pensions & Benefits).

 

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