Englewood Cliffs, New Jersey-based Unilever North America has entered an agreement to acquire OLLY Nutrition, a producer of bars, protein powders, gummy vitamins, supplements and multi-vitamins, which distributes to locations across the United States, as well as direct online.
Founded in 2014, OLLY is based in San Francisco, California, managed by Co-Founder, Eric Ryan. The company will continue to operate out of its San Francisco facility, under the guidance of Ryan, who will assume the role of Chief Growth Officer.
“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,” stated Ryan.
Gerry Chesser, who is currently Chief Operating Officer of OLLY, will take on the position of Chief Executive Officer.
“We are delighted to welcome OLLY Nutrition to our portfolio of brands. 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. OLLY’s focus on making nutrition delightfully easy aligns closely with Unilever values and our continued commitment to improving people’s wellbeing,” explained Amanda Sourry, President of Unilever North America.