Bain Capital sole contender for Vitabiotics buy

Mumbai: Bain Capital has emerged as the frontrunner to acquire Vitabiotics, UK’s largest nutraceutical company, as the private equity firm looks to bet on growing demand for nutrition, vitamins, minerals, and wellness supplements since the pandemic.Two other contenders TPG Capital and EQT have opted out of the competitive bidding process, said people aware of the developments.Founded in 1971 by Kartar Lalvani, Vitabiotics claims to be UK’s largest multivitamin company. The business is currently...