Henkel AG & Co. KGaA, commonly known as Henkel, is a German consumer goods and industrial company founded in Aachen in 1876 by Fritz Henkel. 

Henkel operates across two core divisions: consumer brands (haircare, laundry, home care) and adhesive technologies (Loctite, Technomelt). Henkel is headquartered in Düsseldorf, Germany and listed on the Frankfurt Stock Exchange.

Henkel Beauty Care

Henkel said the deal will allow the company to further invest in its haircare segments, while Olaplex said the acquisition will create opportunities for innovation and growth. The company had previously struggled on the Nasdaq, trading at just over $1 per share as of Wednesday’s close.

Olaplex to be acquired by German company Henkel in $1.4 billion deal

The deal will strengthen Henkel’s push into the U.S. consumer hair care and styling market.

Henkel Beauty Care is a public company.

Henkel Beauty Care