08.10.21
Nestlé Health Science has completed 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. The $5.75 billion deal had been announced on April 30.
"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."
The closing of the deal establishes Nestlé Health Science as an industry leader in vitamins, minerals, herbals and supplements (VMHS) in mass retail, specialty retail, e-commerce and direct-to-consumer in the U.S., 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 U.S., 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 Kerrigan. "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.
"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."
The closing of the deal establishes Nestlé Health Science as an industry leader in vitamins, minerals, herbals and supplements (VMHS) in mass retail, specialty retail, e-commerce and direct-to-consumer in the U.S., 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 U.S., 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 Kerrigan. "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.
