These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Unilever Group (the 'Group'). Words such as 'will', 'aim', 'expects', 'anticipates', 'intends', 'looks', 'believes', 'vision', or the negative of these terms and other similar expressions of future performance or results, and their negatives, are intended to identify such forward-looking statements. This announcement may contain forward-looking statements, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995. Where relevant, these actions are subject to the appropriate consultations and approvals. The acquisition is subject to regulatory approvals and customary closing conditions. OLLY will continue to be based in San Francisco and managed by Eric Ryan, who will assume the role of Chief Growth Officer, exploring further opportunities in the health and wellbeing area and Gerry Chesser, current COO of OLLY, who will take on the role as CEO of OLLY. OLLY’s focus on making nutrition delightfully easy aligns closely with Unilever values and our continued commitment to improving people’s wellbeing,” said Amanda Sourry, President of Unilever North America.Įric Ryan, co-founder of OLLY, stated: “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 out.” 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. “We are delighted to welcome OLLY Nutrition to our portfolio of brands. OLLY is known for its gummy vitamins and supplements, and also sells protein powders and snack bars. Established as a B Corp, OLLY Nutrition’s mission is to make nutrition delightfully easy as it believes good health is the foundation of happiness. Based in San Francisco, California (U.S.), OLLY Nutrition was co-founded in 2014 by Eric Ryan, who also previously co-founded home and personal care products company method®.
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