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KKR Steers Nature's Bounty With Carlyle In Back Seat After Seven-Year Ride

 
• By Malcolm Spicer

Since acquiring Nature's Bounty in 2010 and taking the publicly traded firm private, Carlyle could have been at the helm longer than executives at the private equity firm intended or expected, exceeding the five-year plan typical for similar investments.

businessman and businesswoman are shaking hands and exchanging folder after agreement was reached

Seven years as owner one of the largest firms in the rapidly growing and hyper-competitive nutritional products market was enough for the Carlyle Group L.P. as it sells a controlling interest in Nature's Bounty Co. to another private equity shop, Kohlberg Kravis Roberts & Co. L.P.

The New York-based investment firms' July 24 announcement of the deal did not state the amount KKR is paying, but said KKR will be the majority owner of Nature's

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