Henkel – Olaplex

Henkel AG & Co. KGaA (**Henkel**) proposes to acquire Olaplex Holdings, Inc. and its subsidiaries (together, **Olaplex**) from Advent International, L.P. and other minority shareholders of Olaplex. Henkel is a German public company listed on the Frankfurt Stock Exchange. In Australia, Henkel is active in the supply of hair care and hair styling products to hair professionals as well as to mass-market retailers, including its Schwarzkopf brand and Schwarzkopf sub brands, BC Bonacure, BLONDME, Chroma ID, Fibre Clinix, Fibreplex, got2b, Indola, Natural Styling, Oil Ultime, OSiS+, Palette, Session Label, Silhouette and TBH. Henkel also sells adhesive technologies in Australia. Olaplex is a Delaware-registered company listed on the Nasdaq Global Select Market and headquartered in New York. In Australia, Olaplex primarily supplies premium hair products to online retailers and specialty retailers, as well as to hair professionals.

Status
Assessment completed
ACCC determination
Approved
Stage
Phase 1 - initial assessment
Notified
26 May 2026
Determination published
22 June 2026

Acquirers

  • Henkel US Operations Corporation

Targets

  • Olaplex, Inc.
  • Advent International, L.P.
  • Olaplex Holdings, Inc.

View full merger details on mergers.fyi