Hindustan Unilever Ltd (HUL), the country’s leading fast-moving consumer goods (FMCG) player, is boosting its health & wellness products portfolio by picking up stakes in two home-grown companies—Zywie Ventures and Nutritionalab—for â¹334 crore. HUL plans to acquire a 51 per cent-stake in Zywie Ventures for â¹264 crore, while the rest of the shares will be acquired by it after three years based on a pre-agreed valuation criteria. And the FMCG major will pick up 19.8 per cent in Nutritionalab for â¹70 crore.
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