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KKR will acquire a majority stake in professional beauty and retail hair care.
May 11, 2020
By: Happi Staff
Global investment firm KKR will acquire a majority stake in Coty’s Professional Beauty and Retail Hair Businesses. The $4.3 billion deal will include Wella, Clairol, OPI and ghd brands. According to Coty, KKR will provide the company with an initial investment of $750 million. “Coty is a leader in the attractive global beauty market with iconic brands, global presence and scale, and a strong track record of innovation and growth,” said Johannes Huth, partner and head of KKR EMEA. “...
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