A Nestle logo is pictured on the company headquarters in Vevey October 20, 2016. — Reuters picZURICH, April 26 — Nestle said today it was in talks to snap up US vitamin and nutritional supplements maker The Bountiful Company, as the Swiss food giant expands its presence in the health nutrition sector.
The US firm is majority-owned by private-equity firm KKR, which in a filing to take it public earlier this month described it as the biggest purely nutrition-focused company in North America and one of the three biggest in the world. Last year, the world’s largest food and beverage company acquired the Zenpep drug for digestive problems, and took majority control of US firm Vital Proteins.
Nestle’s first big acquisition since Mark Schneider took the reins in 2017 was of Canadian vitamin maker Atrium Innovations.