Nature’s Bounty sells $3 billion share to KKR

Oh KKR, then: Investment titan KKR & Co. has picked up Ronkonkoma vitamin and supplement maker The Nature's Bounty Company, part of a nearly $6 billion shopping spree announced Monday.

Investment giant KKR & Co., which owns stakes in everything from GoDaddy to Hicksville’s Broadway Mall, is buying a majority share of The Nature’s Bounty Company Inc., the Ronkonkoma-based vitamin and food supplement maker formerly known as NBTY Inc.

Financial details were not released, but insiders peg the purchase price at $3 billion.

The current Nature’s Bounty owner, international investment firm The Carlyle Group, is keeping a “significant” percentage of the company, according to reports. The New York City-based investment group paid $3.8 billion for the full company in 2010.

The Nature’s Bounty Company’s brands include the namesake Nature’s Bounty, Pure Protein, Body Fortress, Sundown Naturals, Puritan’s Pride and Osteo Bi-Flex, among others.

The KKR & Co. deal comes just four months after The Nature’s Bounty Company and Empire State Development, New York State’s main economic engine, announced a $35 million incentives package designed to keep the international manufacturer on Long Island.

In an unrelated deal, NYC-based KKR & Co.’s Internet Brands portfolio company announced Monday that it has agreed to buy health news site WebMD for $2.8 billion.


1 Comment on "Nature’s Bounty sells $3 billion share to KKR"

  1. scott douglas | July 25, 2017 at 9:49 AM |

    Very interesting article on NBTY

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