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Nestlé has reached an agreement to divest its mainstream Vitamins, Minerals and Supplements (VMS) business —dubbed its “Holistic Health portfolio” — to Yellow Wood Partners for US$1 billion. 

Nestlé has agreed to divest its mainstream vitamins, minerals and supplements (VMS) business to private equity firm Yellow Wood Partners for $1 billion, expected to close by the first half of 2027.