OLAPLEX Acquired by Henkel | Consumer M&A Deal

Henkel has acquired OLAPLEX, a fitness wellness consumer business in New York, for $1.4 billion. Henkel acquisitions bring a premium hair care brand powered by science-led innovation into the professional hairstylist channel and consumer hair-health routines. OLAPLEX sells through North American direct-to-consumer and specialty retail, and Henkel aims to expand global access to premium, science-led hair care for stylists and consumers. The merger acquisition is a strategic acquisition by Henkel, with OLAPLEX stockholders receiving $2.06 per share in a cash transaction, and OLAPLEX is expected to delist from Nasdaq at close.