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HUL Acquires Full Ownership of OZiva for Rs 824 Crore, Divests Stake in Nutritionalab
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HUL Acquires Full Ownership of OZiva for Rs 824 Crore, Divests Stake in Nutritionalab
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Storyboard
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12-02-2026, 12:53
HUL Acquires Full Ownership of OZiva for Rs 824 Crore, Divests Stake in Nutritionalab
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Hindustan Unilever Ltd (HUL) fully acquired nutraceuticals brand OZiva by investing Rs 824 crore for the remaining 49% stake in Zywie Ventures Private Limited.
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HUL previously acquired a 51% stake in Zywie Ventures in 2022, making OZiva a wholly owned subsidiary after this transaction.
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In a separate strategic move, HUL divested its 19.8% minority stake in Nutritionalab Private Limited for Rs 307 crore.
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OZiva has shown strong growth, scaling to approximately Rs 480 crore in 2025 with a 130% CAGR over the past two years.
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OZiva operates in the vitamins, minerals, supplements (VMS), beauty, personal care, and plant-based protein categories.
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