Unilever to acquire OLLY.

Unilever, a British-Dutch transnational consumer goods company specializes in products including food and beverages, cleaning agents, beauty products, and personal care products, has signed an agreement to acquire, OLLY, a premium US-based wellbeing business in the vitamins, minerals, and supplements (VMS) category. Financial terms were not disclosed. 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. “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,” Eric Ryan, Olly Co-founder.