(Il Sole 24 Ore Radiocor) - Milano, 26 mar - German consumer brands and adhesive company Henkel said it has reached a definitive deal to buy the US premium hair care brand Olaplex for 2.06 dollars per share, or a total valuation of 1.4 billion dollars.

The transaction has been unanimously approved by Olaplex's board of directors, and Advent, its controlling shareholder.

Olaplex's sales are split between the US and key international markets. In fiscal year 2025, it generated around 370 million euros in sales and delivered a strong gross margin.

The acquisition is subject to customary closing conditions,.

including regulatory approvals.

(RADIOCOR) 26-03-26 08:55:21 (0179) 5 NNNN