Hindustan Unilever Limited (NSEI:HINDUNILVR) agreed to acquire remaining 49% stake in Zywie Ventures Private Limited for INR 8.2 billion on February 12, 2026. A cash consideration of INR 8.2 billion will be paid by Hindustan Unilever Limited. As part of consideration, INR 8.2 billion is paid towards common equity of Zywie Ventures Private Limited. Upon completion, Hindustan Unilever Limited will own 100% stake in Zywie Ventures Private Limited. In related transaction, Hindustan Unilever Limited divested 19.8% holding in Nutritionalab.
For the period ending March 31, 2025, Zywie Ventures Private Limited reported total revenue of INR 2.58 billion.
The transaction is subject to approval of offer by Hindustan Unilever Limited board. The deal has been approved by the board. Subject to fulfilment of terms and conditions as under the definitive documents, the completion is expected to occur by 31st March, 2026, subject to any extension as per the terms of definitive documents.
Hindustan Unilever specializes in manufacturing and marketing of cleaning and food products. Net sales break down by family of products as follows:
- personal care products (46%): hair and skin care products, dental and deodorant products (brands Aviance, Dove, Sunsilk, Lux, Pond's, Axe, Rexona, Close Up, etc.);
- house cleaning and laundry care products (33.9%): soaps, dishwashing liquids, detergents, stain removers and cleaners (brands Active Wheel, Comfort, Cif, Sunlight, Vim, etc.);
- food products and beverages (18.8%): culinary products, sauces, oils and margarines (brands Knorr, Kissan, Annapurna, etc.), ice creams (Kwality Wall's), teas and coffees (brands 3 Roses, Red Label, Lipton, Bru, Taj Mahal);
- other (1.3%).
At the end of March 2019, the group had 28 production sites in India.
India accounts for 96% of net sales.
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