HUL completes acquisition of Oziva
MUMBAI: HUL has acquired the remaining 49% stake in D2C brand Oziva for Rs 824 crore, making it a wholly-owned subsidiary of the company. HUL bought an initial 51% majority stake in the brand in Dec 2022.
Oziva, a plant-based, clean-label consumer wellness brand which focuses on spaces such as lifestyle protein and hair & beauty supplements has grown to a Rs 480 crore brand in 2025, HUL said. HUL also said that it has sold its minority 19.8% stake in Wellbeing Nutrition to USV in a Rs 307 crore deal.
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