Market Overview

Supplements Maker Bountiful Considering IPO This Year: Bloomberg

Share:
Supplements Maker Bountiful Considering IPO This Year: Bloomberg

A supplements producer, The Bountiful Co., could go public this year, Bloomberg has reported.

What Happened: The company, previously named Nature’s Bounty Co., is said to have had conversations with underwriters, and it would be looking at a $6 billion valuation, according to people familiar with the matter.

Still In The Works: The IPO decision is not final yet. The Bountiful Co., owned by private equity firm KKR & Co Inc (NYSE: KKR), has outstanding debt of $2.25 billion, Bloomberg data has shown.

KKR bought a majority stake in 2017.

The Bountiful Co. produces supplements, protein bars, vitamins and beauty products under brands including Dr. Organic, Solgar, Pure Protein and Sundown.

 

Related Articles (KKR)

View Comments and Join the Discussion!

Posted-In: Bloomberg supplements The Bountiful Co.News Health Care IPOs Media General Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com