Henkel to acquire prestige hair care brand Olaplex for US$1.4B
Henkel will take over prestige hair care brand Olaplex for a total transaction value of US$1.4 billion. The consumer goods giant’s offer price of US$2.06 per share is approximately 55% over the brand’s closing stock price as of Wednesday. However, at its initial public offering in September 2021, Olaplex’s shares were valued at US$21.00, suggesting a valuation of approximately US$14–16 billion.At PCHi, Sephic broke a Guinness World Record for tying Chinese knots, and globally launched its “glass skin” ingredient made with multi-strain fermentation technology. Jean-Yves Bruxer, managing director at Sethic, told us that the ingredient responds to consumer demands for science-backed solutions with explained efficacy. He adds that increasingly science-focused purchasing habits could help propel Chinese beauty into the mainstream in the coming years.
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At PCHi, Sephic broke a Guinness World Record for tying Chinese knots, and globally launched its “glass skin” ingredient made with multi-strain fermentation technology. Jean-Yves Bruxer, managing director at Sethic, told us that the ingredient responds to consumer demands for science-backed...































