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Nestlé sells supplements unit to Yellow Wood
Nestlé, the Swiss company, plans to divest its vitamins and dietary supplements business to the American investment firm Yellow Wood Partners for one billion dollars. The deal includes the sale of brands like "Natures Bounty" and "OSTEO Bi-Flex," as well as dietary supplement manufacturing activities in the United States. This move aims to allow the company to focus on more profitable sectors such as hot beverages, pet care, and snacks, as part of its restructuring efforts and initiatives to improve financial efficiency.
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