Financial News

Henkel To Acquire Olaplex in $1.4 Billion Deal

Premium haircare brand is sold in professional, specialty retail and e‑commerce channels.

Happi International Top 30 Company Henkel has entered into a definitive agreement to acquire 100% of premium haircare brand Olaplex in a total transaction value of $1.4 billion. The deal was unanimously approved by Olaplex’s Board of Directors and Advent, Olaplex’s controlling shareholder. The Olaplex deal marks “another important milestone in Henkel’s purposeful growth agenda and further expands hair care as a core category within its consumer brands business,” Henkel contends. The ac...

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