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Nestlé completes acquisition of The Bountiful Company core brands

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Nestlé Health Science announces the successful completion of its acquisition of the core brands of The Bountiful Company including Nature’s Bounty®, Solgar®, Osteo Bi-Flex®, Puritan’s Pride®, Ester-C®, and Sundown®.


“More people around the world are taking charge of their health, looking to vitamins, minerals, herbals and supplements to fill gaps or provide extra support,” said Nestlé Health Science CEO Greg Behar. “Today we’re pleased to welcome four thousand new employees into Nestlé Health Science with our acquisition of the key brands from The Bountiful Company. The acquisition gives us a broader range of trusted products and more ways to enhance the health of customers around the world.”


Nestlé Health Science announced on April 30, 2021 that it entered into an agreement to acquire the majority of The Bountiful Company’s brands. The closing of the deal establishes Nestlé Health Science as the industry leader in vitamins, minerals, herbals and supplements (VMHS) in mass retail, specialty retail, e-commerce and direct-to-consumer in the US, while providing new products and sales channels around the world.


Don Kerrigan, President of North America for The Bountiful Company, will be joining Nestlé Health Science as the company’s new CEO of VMHS Health US, reporting to Greg Behar.


“Today’s announcement marks an important milestone in The Bountiful Company’s journey and an exciting next phase for our well recognized, winning brands and the talented teams who have helped build them,” said Don Kerrigan, CEO of VMHS for Nestlé Health Science. “I’m proud to be leading this powerful organization and know that together we will leverage our collective capabilities, brands and teams to further empower healthier lives through nutrition.”


“I’m incredibly proud of the hard work and dedication of the colleagues around the world who helped make this transaction possible and couldn’t be happier about Don taking on this critical leadership role,” said Paul Sturman, outgoing President and CEO of The Bountiful Company.


Nestlé Heath Science’s other vitamins, minerals and supplements brands include Garden of Life®, Vital Proteins®, Nuun®, Pure Encapsulations®, Wobenzym®, Douglas Laboratories®, Persona Nutrition®, Genestra®, Orthica®, Minami®, AOV® and Klean Athlete®.


About Nestlé Health Science

Nestlé Health Science is a leader in the science of nutrition and a globally managed business unit of Nestlé. We believe in empowering healthier lives through nutrition and are committed to redefining the management of health, offering an extensive portfolio of science-based active lifestyle nutrition, medical nutrition and pharmaceutical solutions. Our extensive research network, both within Nestlé’s R&D centers as well as with external partners, provides the foundation for products that can help people to live their healthiest lives. Headquartered in Switzerland, we have more than 11,000 employees around the world, with products available in more than 140 countries. www.nestlehealthscience.com




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Media

Christoph Meier
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Jacquelyn Campo
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Investors

Luca Borlini
Tel.: +41 21 924 3509