Nestlé sells Nature's Bounty, Puritan's Pride for $1 billion

Nestlé offloaded its entire Holistic Health platform, including supplement giants Nature's Bounty and Puritan's Pride, to private equity firm Yellow Wood Partners for $1 billion. This move sheds many of its mass-market vitamin and mineral brands. It's a signal that big food is culling anything that isn't highly specialized or pharma-adjacent.