After ditching big chunks of its chocolate and ice cream businesses, Nestle SA Chief Executive Officer Mark Schneider is embracing healthier living by bulking up on vitamins and supplements.
The world’s largest food company on Monday confirmed it’s in discussions to acquire vitamin maker Bountiful Co., whose brands include Nature’s Bounty. Owner KKR & Co. was said to have been planning an IPO valuing the firm at more than $6 billion, though an acquisition by Nestle could preempt the initial public offering, a person familiar with the matter said.
