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Hindustan Unilever has agreed to acquire the remaining 49% stake in nutrition brand Zywie Ventures (OZiva) while divesting its minority holding in Nutritionalab Private, as part of a strategic reshaping of its Health & Wellbeing portfolio.

The company will pay INR 824 crore (approx. $66.6 million) to acquire full ownership of Zywie Ventures Private, making the business a wholly owned subsidiary. HUL originally acquired a 51% stake in 2023 as it entered the Health & Wellbeing category.

OZiva has scaled to approximately Rs. 480 crore (approx. $38.8 million) in revenue in 2025, growing at about 130% CAGR over the past two years, supported by portfolio expansion and synergies from HUL’s distribution and operating ecosystem.

Separately, HUL will sell its 19.8% stake in Nutritionalab Private to USV Private for Rs. 307 crore ($24.8 million). The divestment aligns with HUL’s strategy to focus on fewer, larger growth bets.

Priya Nair, CEO and managing director of HUL, said: “Health & 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.”

Both transactions are expected to close by March 2026, subject to customary closing conditions.

Top image: © OZiva