Nestlé has begun a "strategic review" of New Zealand supplement company The Better Health Company and its Go Healthy brand, four years after acquiring the business.

The process will examine a full range of options to "best position the business for future success", a company spokesperson told Just Food.

However, the outcome and timeline remain uncertain.

The Swiss giant bought The Better Health Company (TBHC) in 2022 from China-based asset-management firm CDH Investments and the company's founding shareholders. CDH had first invested in TBHC in 2016, when it became the business's majority shareholder.

Through the purchase of TBHC, Nestlé had also added Egmont Manuka honey to its portfolio alongside supplement brand Go Healthy.

However, in 2024, the company sold the Egmont honey business to Beijing-based Huatai International Private Equity Fund.

The move follows the review Nestlé launched last year into its "mainstream and value brands" in its vitamins, minerals and supplements (VMS) portfolio. That review is still in progress.

Brands included in that assessment are Nature's Bounty, Osteo Bi-Flex and Puritan's Pride, along with the company's private-label VMS operations in the US.

In 2021, Nestlé paid $5.75bn for those brands and the US own-label business from The Bountiful Company.

That deal struck with private-equity group KKR also included Solgar, which Nestlé described as among the "premium" vitamins, minerals and supplements brands that would remain central to its strategy, alongside Garden of Life and Pure Encapsulations.

Last month, Nestlé announced a deal to sell half of its waters business to US private-equity firm Platinum Equity through a joint venture.

The new venture, called Peranel, will include Nestlé water brands San Pellegrino, Source Perrier, Acqua Panna and Nestlé Pure Life.

Meanwhile, in June, Nestlé acquired the remaining stake in Yfood, the "ready-to-drink meals" company established in 2017 by Ben Kremer and Noël Bollmann. The company had initially acquired a 49% stake in Munich-based Yfood in 2023.

"Nestle reviews options for NZ supplements arm" was originally created and published by Just Food, a GlobalData owned brand.