Unilever to Acquire OLLY Nutrition
18 April 2019 - 8:17PM
Dow Jones News
By Michael Dabaie
Unilever NV (UN, UNA.AE) said Thursday it would acquire OLLY
Nutrition, a U.S.-based vitamins, minerals, and supplements
business.
Based in San Francisco, OLLY products include gummy vitamins and
supplements, protein powders and snack bars.
Co-founder Eric Ryan will assume the role of chief growth
officer, exploring opportunities in the health and wellbeing area.
Gerry Chesser, current chief operating officer, will be chief
executive of OLLY.
Unilever said the terms of the deal weren't disclosed.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
April 18, 2019 14:02 ET (18:02 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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