Henkel Acquires Olaplex for $1.4 Billion, Exiting Advent

(NASDAQ: OLPX), a science-led prestige hair care brand, announced its definitive agreement to be acquired by Henkel AG & Co. KGaA, a leading global manufacturer of consumer and industrial brands, for $1.4 billion in a cash transaction, with stockholders receiving $2.06 per share.

This transaction represents a premium of approximately 55% over Olaplex’s closing stock price on March 25, 2026, and a 45% premium over the 30-day volume-weighted average price. Upon completion, Olaplex will continue to operate under its brand name, will no longer be listed on Nasdaq, and Advent International will fully exit its investment in the Company.

The acquisition is expected to combine Olaplex’s premium brand with Henkel’s global reach, unlock new avenues for innovation through advanced technology, and expand international presence by leveraging Henkel’s footprint with Olaplex’s North American direct-to-consumer and specialty retail channels. Amanda Baldwin, CEO of Olaplex, stated this step accelerates product innovation and expands reach.

John P. Bilbrey, Executive Chair of Olaplex, highlighted the strength of its science-led approach. The deal, approved by Olaplex's Board of Directors, is expected to close in the second half of 2026, subject to regulatory approvals.

J.P. Morgan Securities LLC acted as financial advisor to Olaplex.