Olaplex to be acquired by German company Henkel in $1.4 billion deal
#Olaplex #Henkel #acquisition #$1.4 billion #hair care #professional beauty #mergers and acquisitions #German company
📌 Key Takeaways
- Olaplex is being acquired by German company Henkel for $1.4 billion.
- The deal involves the acquisition of the entire Olaplex business.
- Henkel is expanding its presence in the professional hair care market.
- The acquisition is a strategic move to strengthen Henkel's portfolio.
📖 Full Retelling
Olaplex announced on Thursday that it is being acquired by Germany's Henkel in a $1.4 billion deal after the company had a disappointing public run.
🏷️ Themes
Corporate Acquisition, Hair Care Industry
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Original Source
Olaplex announced on Thursday that it is being acquired by Germany's Henkel in a $1.4 billion deal after the company had a disappointing public run.
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