Simpson Thacher is representing Kohlberg Kravis Roberts & Co. L.P. in its acquisition of majority control of The Nature’s Bounty Co. from The Carlyle Group. Following the transaction, KKR will be the majority owner of Nature’s Bounty while Carlyle will retain a significant stake in the Company. The financial terms of the transaction have not been disclosed. The transaction is expected to close by the end of 2017 and is subject to receipt of customary regulatory approvals and closing conditions.
The Nature’s Bounty Co.'s Consumer Products Group (CPG) business is a global market leader in wellness products. The Nature's Bounty Co.’s brands include Nature's Bounty, Sundown Naturals, Solgar, Osteo Bi-Flex, MET-Rx, Pure Protein, Body Fortress, Puritan's Pride and Organic Dr., among others.
The Simpson Thacher team includes Marni Lerner, Ravi Purushotham, Megan Tweed and Lily Picón (M&A); Christine Marshall (Banking and Credit); Tristan Brown and Paul Barrus (Executive Compensation and Employee Benefits); Sophie Staples (Tax); Lori Lesser, Amber Harezlak and Linda Nyberg (Intellectual Property); Krista McManus (Real Estate); Adeeb Fadil and Louise Kruger (Environmental); and Peter Guryan, Ellen Frye and Karen Horvitz (Antitrust). Summer Associate Abigail Hopper also provided valuable assistance.