The Acquisition That Placed Nature's Bounty Under Nestlé
The story of who owns Nature Bounty changed definitively in 2021 when Nestlé Health Science completed its acquisition of the core brands of The Bountiful Company. The $5.75 billion deal included several well-known brands, including Nature's Bounty, Solgar, Osteo Bi-Flex, and Puritan's Pride. The purchase was part of a larger strategic push by Nestlé to expand its footprint in the consumer health and wellness market, specifically targeting the vitamins, minerals, and supplements sector. The transaction, which concluded in August 2021, saw Don Kerrigan, a key executive from The Bountiful Company, join Nestlé Health Science to oversee the newly acquired U.S. vitamin, mineral, and supplement business.
The Brand's Complex History of Corporate Owners
Before landing with Nestlé, Nature's Bounty had a multi-decade history involving several shifts in ownership, largely driven by private equity investment. The brand was the flagship of a company formerly known as NBTY, which later rebranded to The Nature's Bounty Co. in 2016.
The Private Equity Era
- Carlyle Group: In 2010, the Carlyle Group, a global investment firm, invested in the then-NBTY, taking it private. This move marked a significant phase of consolidation and expansion for the company under private ownership.
- KKR & Co.: Years later, in 2017, the company saw another major change when private equity firm KKR & Co. acquired a majority stake from the Carlyle Group. Carlyle retained a minority stake, but KKR became the new controlling owner, leading the company through a period of modernization and market repositioning in the years leading up to the sale to Nestlé.
The Journey to The Bountiful Company
The 2016 rebranding from NBTY to The Nature's Bounty Co. was a strategic decision to leverage the flagship brand's strong equity with consumers. This set the stage for the company's eventual sale to Nestlé, highlighting the value built over years under various corporate structures.
Shifting Strategies and Potential Future Sale
In August 2025, reports emerged indicating that Nestlé was considering a review of its vitamin, mineral, and supplements portfolio, and potentially selling underperforming brands, including Nature's Bounty. This news highlights the dynamic nature of corporate ownership in the fast-moving consumer goods industry. The reports suggest that slowing sales of some brands acquired in the 2021 deal prompted the review, as Nestlé shifts focus towards more premium, science-backed offerings within its health division. For consumers, this could signal future changes for the brand, as a new owner might bring different strategic priorities to the forefront.
Comparison of Recent Ownership Eras
| Feature | KKR & Co. (2017-2021) | Nestlé Health Science (2021-Present) |
|---|---|---|
| Ownership Type | Majority private equity ownership | Corporate ownership by multinational food giant |
| Primary Goal | Investment growth, potential public offering | Expand into health and wellness, portfolio diversification |
| Associated Brands | Nature's Bounty, Solgar, Puritan's Pride | Integrates with Nestlé brands like Garden of Life, Vital Proteins |
| Company Identity | The Bountiful Company | Nestlé Health Science division |
| Recent Outlook | Led to a successful $5.75 billion sale | Considering a strategic review and potential brand divestment |
Conclusion: A History of Evolution
The ownership history of Nature's Bounty is a testament to the evolving nature of the health and wellness industry. What began as a venture under its founding entity, NBTY, transitioned through significant periods of private equity stewardship under the Carlyle Group and KKR & Co. before its most recent chapter. The 2021 acquisition by Nestlé Health Science placed the brand within a global health and nutrition powerhouse, but recent market reviews suggest that the brand's corporate journey may continue to evolve. Consumers who rely on the products are now watching closely to see what the future holds for this long-standing supplement provider.
Visit the official Nestlé press release for details on the acquisition.