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.