Overview
- A $1.4 billion, $2.06-per-share takeover announced Thursday brings Olaplex under Henkel, with closing targeted for the second half of 2026 pending regulatory approvals.
- Olaplex’s board unanimously backed the deal and majority owner Advent International approved it by written consent, which removes the need for a broader shareholder vote.
- After the deal closes, the company will keep the OLAPLEX brand, delist from Nasdaq, and see Advent fully exit its investment.
- The offer represents roughly a 55% premium to Olaplex’s March 25 closing price, and the stock jumped about 50% in premarket trading following the announcement.
- Henkel says the acquisition strengthens its salon and retail portfolio and could speed product innovation and global rollout, while Olaplex seeks a reset after steep market-share losses, litigation, and about €370 million in 2025 sales.