Unilever Agrees to Sell Welly Bandage Brand 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.
Unilever LSE:ULVR said on Monday it has agreed to sell Welly Health PBC to private-equity firm Forward Consumer Partners, but did not disclose financial terms of the sale.The consumer products giant had acquired a majority stake in the US brand, known for its colorful adhesive bandages, in 2021 fro…