Unilever to acquire US wellbeing business Olly

Unilever to acquire US wellbeing business Olly

Unilever has announced that it has signed an agreement to acquire wellness supplement brand Olly Nutrition for an undisclosed sum.

Based in San Francisco, Olly Nutrition was Co-Founded in 2014 by Eric Ryan, the brains behind eco cleaning and personal care brand Method.

“We are delighted to welcome Olly Nutrition to our portfolio of brands,” said Amanda Sourry, President of Unilever North America. “Olly is a strong, innovative brand in the fast-growing health and wellbeing space, and nicely complements our businesses in Beauty & Personal Care and Foods & refreshment. Olly’s focus on making nutrition delightfully easy aligns closely with Unilever values and our continued commitment to improving people’s wellbeing.”

Added Ryan, who will continue to manage the brand as Chief Growth Officer, “We are thrilled to work with Unilever to grow the Olly brand and amplify our mission, culture and commitment to helping people feel happy inside and out.”