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Henkel Acquires Olaplex for $1.4 Billion Amid Stock Surge

3/26/2026

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Summary

Story summary

On March 26, 2026, Henkel, the German consumer brand, announced it would acquire Olaplex for $1.4 billion, or $2.06 per share.
The Olaplex board approved the deal.
Carsten Knobel, Henkel's CEO, emphasized growth in premium hair care.
Amanda Baldwin, Olaplex's CEO, said the acquisition would enable innovation and international expansion.
Despite facing a lawsuit and a 95% stock decline since its 2021 IPO, Olaplex shares rose 50% in morning trading.

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Story summary

On March 26, 2026, Henkel, the German consumer brand, announced it would acquire Olaplex for $1.4 billion, or $2.06 per share.
The Olaplex board approved the deal.
Carsten Knobel, Henkel's CEO, emphasized growth in premium hair care.
Amanda Baldwin, Olaplex's CEO, said the acquisition would enable innovation and international expansion.
Despite facing a lawsuit and a 95% stock decline since its 2021 IPO, Olaplex shares rose 50% in morning trading.