Unilever’s Acquisition of a Majority Stake in Nutrafol

On May 30, 2022, Unilever, one of the world’s leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products, announced that it has signed an agreement to acquire a majority stake in Nutrafol, a leading provider of hair wellness products. Unilever currently holds a minority stake (13.2%) in Nutrafol through Unilever Ventures. Cravath is representing Unilever in connection with the transaction.

The Cravath team is led by partners Aaron M. Gruber and Mark I. Greene and includes associates Christopher P. Davis and Matteo Sica Fiorillo on M&A matters; partner Lauren Angelilli and associates Kyle R. Jorstad and Carlos Nicholas Obando on tax matters; partner Jonathan J. Katz, practice area attorney Aaron S. Cha and associate Chris S. Moon on executive compensation and benefits matters; partner Margaret T. Segall and practice area attorney Nicole M. Peles on regulatory matters; partner Sasha Rosenthal-Larrea and associate Kathryn-Ann Stamm on intellectual property matters; partner Matthew Morreale on environmental matters; and senior attorney Joyce Law on real estate matters. Michael Pelle also worked on tax matters.