Unilever’s Acquisition of Onnit

Unilever's Acquisition of Onnit

Baker McKenzie advised Unilever in the transaction, while Paul, Weiss advised Onnit.

Unilever signed an agreement to acquire Onnit, a holistic wellness and lifestyle company, based in Austin, Texas (US).

The company’s founder Aubrey Marcus is a New York Times bestselling author, podcast host and lifelong athlete who created Onnit to address customers’ various nutrition, fitness, mental and emotional wellness needs. The transaction is subject to customary closing conditions and regulatory approvals. Terms were not disclosed.

Unilever is one of the world’s largest consumer goods companies with presence in more than 190 countries, and over 400 brands. 

The Baker McKenzie team was led by Partner Alan Zoccolillo (Picture) and included Jieun Tak (Picture), Mitchell Hopper, Paulina Timmer; Benefits: Mike Poland, Nick Paul; IP: Michelle Blunt, Alysha Preston, Jessica Le Gros; Data Privacy: Michael Egan; Employment: Ben Ho, Dee Olowude; Tax: Kai Kramer, Patrick Renckly; Antitrust: Creighton Macy, Jean-Paul Theroux, Dan Graulich, Samantha Mobley, Bethan Lukey; Litigation: Barry Thompson and Teresa Michaud.

The Paul, Weiss team advising Onnit included corporate partners Sarah Stasny and Jeffrey Marell; tax partner Lindsay Parks; executive compensation partner Lawrence Witdorchic; intellectual property partner Claudine Meredith-Goujon; litigation counsel Steven Herzog; and environmental counsel William O’Brien.

Involved fees earner: Michelle Blunt – Baker McKenzie; Michael Egan – Baker McKenzie; Daniel Graulich – Baker McKenzie; Benjamin Ho – Baker McKenzie; Mitchell Hopper – Baker McKenzie; Kai Kramer – Baker McKenzie; Jessica Le Gros – Baker McKenzie; Bethan Lukey – Baker McKenzie; Creighton Macy – Baker McKenzie; Teresa Michaud – Baker McKenzie; Samantha Mobley – Baker McKenzie; Adeola Olowude – Baker McKenzie; Nicholas Paul – Baker McKenzie; Michael Poland – Baker McKenzie; Alysha Preston – Baker McKenzie; Patrick Renckly – Baker McKenzie; Jieun Tak – Baker McKenzie; Jean-Paul Theraux – Baker McKenzie; Barry Thompson – Baker McKenzie; Paulina Timmer – Baker McKenzie; Alan Zoccolillo – Baker McKenzie; Steven Herzog – Paul Weiss Rifkind Wharton & Garrison; Jeffrey Marell – Paul Weiss Rifkind Wharton & Garrison; Claudine Meredith-Goujon – Paul Weiss Rifkind Wharton & Garrison; William O’Brien – Paul Weiss Rifkind Wharton & Garrison; Lindsay Parks – Paul Weiss Rifkind Wharton & Garrison; Sarah Stasny – Paul Weiss Rifkind Wharton & Garrison; Lawrence Witdorchic – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Baker McKenzie; Paul Weiss Rifkind Wharton & Garrison;

Clients: Onnit; Unilever;