HUL - Undertakes Twin Acquisition In Health, Wellbeing: Prabhudas Lilladher
The company has announced twin acquisition of OZiva, Wellbeing Nutrition which are present in premium segment of health, wellness.
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Hindustan Unilever Ltd. has announced twin acquisition of OZiva and Wellbeing Nutrition which are present in the premium segment of health and wellness with presence in vitamin, minerals and supplements space with potential market size of Rs 300 billion over the next five years.
This movie is in line with HUL’s attempt to increase presence in wellness segment post acquisition of Horlicks.
We believe HUL will use its vast distribution network, technology and expertise of Unilever and its strong presence in modern trade/e-comm to grow the business further.
HUL is currently present at the mass end in supplement and wellness space through Horlicks (GlaxoSmithKline Consumer Healthcare Ltd. acquisition), these acquisitions will help grow presence in the premium segment (eight times realisation in OZiva versus base variant of Horlicks).
Although these businesses won’t turn the needle for company with size and scale of HUL, however, the move shows the company’s intent to grow into emerging growth segments in health, wellness and nutrition.
Click on the attachment to read the full report:
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.