Vitaco Owners Are Said to Mull Sale of Sports Nutrition Firm (1)

The owners of Vitaco Holdings Ltd. are considering selling the Australasian health food, sports nutrition and supplements maker, according to people familiar with the matter.

Shanghai Pharmaceuticals Holding Co. and private equity firm Primavera Capital are in talks with prospective advisers about a possible sale, the people said, asking not to be identified because the deliberations are private. A transaction could value the business at several hundred million dollars, the people said.

A sale process may kick off as soon as this year, the people said, adding that discussions are ongoing and may not result in a transaction.

A representative ...