HUL completes acquisition of OZiva for ₹824 cr
pre-market1 source ↓written by the desknot a recommendation
- in OZiva parent
- 49% stake
- Pvt Ltd
- ₹824 cr
- acquisition
- 51% stake
- in December 2022
- ₹264.28 cr
- OZiva
- ₹1,682 cr
Hindustan Unilever Ltd (HUL) has successfully acquired the remaining 49% stake in OZiva parent Zywie Ventures Pvt Ltd for ₹824 cr, making it a wholly owned subsidiary. This follows HUL's earlier 51% stake acquisition for ₹264.28 cr in December 2022, valuing OZiva at nearly ₹1,682 cr now. The plant-based nutrition brand's revenue surged 148% to ₹258 cr in FY25, indicating strong growth potential for HUL in the health sector.
Not investment advice. For informational purposes only.