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3/26/2026

Henkel Bets $1.4 Billion on Science-Backed Hair Care as OLAPLEX Era Ends on Nasdaq

German consumer goods giant Henkel AG is writing one of the largest checks in prestige hair care history, agreeing to acquire OLAPLEX Holdings (NASDAQ: OLPX) for approximately $1.4 billion in a cash deal that values shares at $2.06 apiece — a 55% premium over where the stock closed on March 25.

3 min read