20th Oct 2026 16:16
(Alliance News) - Unilever PLC will sell its Welly Health PBC bandage brand to Connecticut-based private equity firm Forward Consumer Partners, the Wall Street Journal reported on Monday.
The London-based consumer goods company did not disclose financial figures.
Unilever had bought Welly in 2021 from co-founder Eric Ryan for an undisclosed price. The brand includes adhesive bandages and first-aid kits. Welly is part of Unilever's beauty and well-being unit, which includes Dove, Paula's Choice and Vaseline.
Meanwhile, Forward Consumer Partners announced the return of Eric Ryan to the business as a strategic advisor and member of the company board.
Unilever shares were flat at 4,904.50 pence each on Tuesday afternoon in London.
By Tom Budszus, Alliance News slot editor
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