Hindustan Unilever Acquires Remaining 49% Stake, Takes Full Ownership of Plant-Based Wellness Brand.
Oziva.
Anagram Partners and CMS INDUSLAW advised Hindustan Unilever Limited on its ₹824 crore acquisition of the remaining 49% stake in Zywie Ventures, which markets products under the OZiva label.
Kaizen Law advised founder-promoters Aarti Gill and Mihir Gadani, while First Principles Law advised exiting investors including Eight Roads Ventures India III, F-Prime Capital Partners and Life Sciences Fund VI.
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HUL had previously acquired a 51% stake in 2023. With this transaction, it now holds 100% ownership, strengthening its position in the fast-growing health and wellbeing segment.
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