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Unilever Agrees to Sell Welly Health to Forward Consumer Partners

Unilever said it agreed to sell Welly Health PBC to private-equity firm Forward Consumer Partners. Financial terms were not disclosed.

ULVR

Unilever (LSE:ULVR) said Monday it agreed to sell Welly Health PBC to private-equity firm Forward Consumer Partners. The company did not disclose the financial terms. Unilever acquired a majority stake in the U.S. brand, known for its colorful adhesive bandages, in 2021.