Nestlé agrees to sell mainstream VMS Holistic Health to Yellow Wood for $1 billion
Nestlé said it has agreed to divest its mainstream Vitamins, Minerals and Supplements (VMS) business, the Holistic Health portfolio, to Yellow Wood Partners for $1 billion. The deal is subject to regulatory approvals.
VEVEY (dpa-AFX) - Nestlé (NSTR.L, NESN.SW) on Tuesday said it has agreed to divest its mainstream Vitamins, Minerals and Supplements (VMS) business, the Holistic Health portfolio, to private equity firm Yellow Wood Partners for $1 billion.The transaction, subject to regulatory approvals, is expecte…