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The Bountiful Company
American manufacturer From Wikipedia, the free encyclopedia
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The Bountiful Company is an American dietary supplements company. It is owned by Kohlberg Kravis Roberts, which sold most of the company's brands to Nestlé in 2021.[2]
It was originally known as Nature's Bounty, Inc. but changed its name to NBTY, Inc. in 1995.[citation needed] It then changed its name back to Nature's Bounty Co. in 2016.[3] It changed to its current name, the Bountiful Company, in January 2021.[4]
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History
The company was founded in 1971 by Arthur Rudolph, as a mail order company named Nature's Bounty. [5][6]
The company was publicly traded until 2010, when the Carlyle Group acquired it for $3.8 billion.[7]
As of 2015, the company reported total sales of $3 billion, with $1.9 billion Consumer Products Group, $891 million Holland & Barrett International and $247 million Direct-to-Consumer.[8] It considered selling the company amid growing interests from China,[9] or an IPO early 2017.[10]
In 2017, the Carlyle Group sold a majority stake in the company to Kohlberg Kravis Roberts.[11][12]
In 2021, the company was acquired by Nestlé for $5.75 billion.[13][14][15]
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Brands
The Bountiful Company owns a wide variety of brands including:
- American Health
- Balance Bar
- Best Bar Ever, Inc.[16]
- Body Fortress
- DeTuinen
- Dr.Organic (Organic Doctor in the U.S.) [17]
- Ester-C
- Good 'n Natural
- Home Health
- MET-Rx
- Natural Wealth
- Nature's Bounty
- Osteo Bi-Flex
- Physiologics
- Pure Protein
- Puritan's Pride
- Rexall
- SiSU
- Solgar
- Sundown Naturals
2011 Consumer Reports investigation
A 2011 Consumer Reports investigation found fish-oil supplements that contained, "total PCBs in amounts that could require warning labels under California’s Proposition 65, a consumer right-to-know law, in one sample of the CVS, GNC, and Sundown products, and in two samples of Nature’s Bounty."[18]
References
External links
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