– Yellow Wood Partners has agreed to acquire Nestlé’s Holistic Health platform for $1.0 billion.
– Holistic Health is a global Vitamins, Minerals and Supplements (VMS) platform with established brands including Nature’s Bounty, Nuun, Osteo Bi-Flex and Gard.
– Yellow Wood said the portfolio offers exposure to high-growth VMS categories including hydration, gut health and immunity.
– Dana Schmaltz, Partner, Yellow Wood, said operating the platform as a standalone entity will allow the firm to accelerate growth, enhance innovation and strengthen brand positions.
– Tad Yanagi, Partner, Yellow Wood, said the acquisition aligns with the firm’s consumer-focused operating modeland expertise in carveouts.
– Yellow Wood plans to apply its Consumer Operating DNA model to accelerate growth across the brands, building on previous carveouts including Q-tips, Chapstick, Suave and Dr. Scholl’s.
– The deal marks Yellow Wood’s sixth significant carveout acquisition from major global consumer companies, following transactions involving Bayer, Reckitt, Unilever and Haleon.
– Yellow Wood sees further growth potential from increasing VMS adoption and demand for benefit-specific health and wellness solutions.
– The transaction remains subject to regulatory approvals and is expected to close in the first half of 2027.