Nestlé’s $5.75 Billion Acquisition of The Bountiful Company

Simpson Thacher represented The Bountiful Company in the transaction. McCarthy Tétrault advised Nestlé.

Nestlé executed the acquisition of The Bountiful Company for $5.75 billion. The transaction is expected to close in the second half of 2021, subject to regulatory approvals and other customary closing conditions.

Under the terms of the agreement, Nestlé will acquire The Bountiful Company’s vitamin and supplement brands, Nature’s Bounty®, Puritan’s Pride®, Solgar® and Osteo Bi-Flex®, which will be integrated into Nestlé Health Science to create a global leader in vitamins, minerals and nutritional supplements. The Bountiful Company’s sports and active nutrition brands, Pure Protein®, Body Fortress® and MET-Rx®, as well as UK-based personal care brand, Dr. Organic®, and the Canadian over-the-counter (OTC) business, VitaHealth OTC, are not included in the sale.

The Simpson Thacher team advising The Bountiful Company included Marni Lerner (Picture), Ravi Purushotham, Katherine Krause, Rex Hupy and Beth DiSciullo (M&A); Sophie Staples, Tyler Robbins and Suzy Yaster (Tax); Tristan Brown and Alyssa Ohanian (Executive Compensation & Employee Benefits); Genevieve Dorment and Alysha Sekhon (Intellectual Property); Michael Isby (Environmental); Krista McManus and Stephanie Brenner (Real Estate); Peter Guryan and Max Fischer-Zernin (Antitrust); and Antonio Bavasso (Antitrust – UK).

The McCarthy Tétrault team was led by Lara Nathans and Mark McEwan, and included Éric Gosselin, Matt Vaughan, Sara Ferguson and Vivian Sy (Corporate/M&A), Martha Harrison and Carmen Francis (International Trade), Stephanie Sugar (Litigation), Kate McNeill-Keller and Nicole Naglie (Labour & Employment), Fred Purkey and Marie-Soleil Landry (Tax), Conrad Lee (Technology), Vincent Yip (Intellectual Property), and Gregory J. Winfield (Pensions & Benefits).

Involved fees earner: Fred Purkey – Davies Ward Philips & Vineberg; Sarah Ferguson – McCarthy Tétrault; Carmen Francis – McCarthy Tétrault; Éric Gosselin – McCarthy Tétrault; Marie-Soleil Landry – McCarthy Tétrault; Conrad Lee – McCarthy Tétrault; Mark McEwan – McCarthy Tétrault; Kate McNeill-Keller – McCarthy Tétrault; Nicole Naglie – McCarthy Tétrault; Lara Nathans – McCarthy Tétrault; Stephanie Sugar – McCarthy Tétrault; Matthew Vaughan – McCarthy Tétrault; Vincent Yip – McCarthy Tétrault; Antonio Bavasso – Simpson Thacher & Bartlett; Stephanie Brenner – Simpson Thacher & Bartlett; Tristan Brown – Simpson Thacher & Bartlett; Elizabeth Disciullo – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Maxime Fischer-Zernin – Simpson Thacher & Bartlett; Peter Guryan – Simpson Thacher & Bartlett; Rex Hupy – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Katherine Krause – Simpson Thacher & Bartlett; Marni Lerner – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Alyssa Ohanian – Simpson Thacher & Bartlett; Ravi Purushotham – Simpson Thacher & Bartlett; Tyler Robbins – Simpson Thacher & Bartlett; Alysha Sekhon – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett; Susan Yaster – Simpson Thacher & Bartlett;

Law Firms: Davies Ward Philips & Vineberg; McCarthy Tétrault; Simpson Thacher & Bartlett;

Clients: The Bountiful Company;

Author: Martina Bellini