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Latham & Watkins Advises Nestlé on US$1 Billion Sale of Holistic Health Portfolio to Yellow Wood
September 1, 2026
Cross-border team represents the food and beverage company in the divestment of its mainstream vitamins, minerals, and supplements business.
Nestlé has agreed to divest its mainstream vitamins, minerals, and supplements business (the Holistic Health portfolio) to Yellow Wood Partners for US$1 billion. The transaction is subject to applicable regulatory approvals and is expected to close by the first half of 2027.
Latham & Watkins LLP represents Nestlé in the transaction with a corporate team led by Los Angeles partners Alex Voxman, David Zaheer, and Julian Kleindorfer, and counsel Alexandra McArthur; and San Diego partner Steven Chinowsky and counsel Darryl Steensma.