The company’s board has also approved the sale of its minority stake of 19.8 per cent in Nutritionalab to USV for a consideration of Rs 307 crore
The board of directors of Hindustan Unilever or HUL has approved the acquisition of the remaining 49 per cent stake in Zywie Ventures as per the pre-agreed valuation framework, for a consideration of Rs 824 crore. This makes OZiva a wholly owned subsidiary of the company.
“HUL today announced two strategic moves in its Health and Wellbeing (H&W) business, the full acquisition of Zywie Ventures (OZiva) and the divestment of its minority stake of 19.8 per cent in Nutritionalab, for a consideration of Rs 824 crore and Rs 307 crore, respectively.
“Health and wellbeing is an important growth vector for us, driven by rising consumer interest in everyday wellness. By taking full ownership of OZiva, we are doubling down on this exciting space to unlock the next phase of growth. Our decisions today reflect our intent of fewer, bigger bets where we can leverage HUL’s strengths in science, distribution and market development to scale purpose-led brands,” stated Priya Nair, Chief Executive Officer (CEO) and Managing Director, HUL.
Since entering the H&W category in 2023, HUL has focused on building a strong presence in this nascent yet fast-growing consumer space. OZiva has delivered strong performance following HUL’s majority investment of 51 per cent, scaling to approximately Rs 480 crore in 2025 with a growth of 130 per cent compound annual growth rate (CAGR) in last two years, the company said in a regulatory filing.
In line with its strategy of continued portfolio transformation through fewer, bigger bets, HUL’s board has approved the sale of its minority stake of 19.8 per cent in Nutritionalab to USV for a consideration of Rs 307 crore. Both transactions are expected to close by March 2026, subject to customary closing conditions.
FMCG major Hindustan Unilever has reported a 121 per cent year-on-year (YoY) rise in its consolidated net profit in third quarter of the current financial year. The company’s net profit attributable to the owners of the holding company rose to Rs 6,607 crore from Rs 2,984 crore in Q3FY25.
The financial results of the company showed that HUL reported a consolidated revenue growth of 6 per cent in the December quarter. With a turnover of Rs 16,235 crore, the company delivered 5 per cent Underlying Sales Growth (USG), led by 4 per cent Underlying Volume Growth (UVG). Ebitda at Rs 3,788 crore grew 3 per cent year-on-year while Ebitda margin at 23.3 per cent remained within the guided range.
