Announced
Financials
Tags
hair care
Personal Products
Private
Friendly
household products
Pending
Private Equity
Single Bidder
United States
Household Equipment and Products
Acquisition
Majority
Cosmetics
Synopsis
Henkel, which manufactures industrial, commercial, and consumer chemical products, agreed to acquire DevaCurl, a premium professional haircare brand, from Ares Management. Financial terms were not disclosed. "This acquisition is part of our strategy to expand our position in attractive and fast-growing markets and categories. It will complement and further strengthen our Professional Hair business," Hans Van Bylen, Henkel CEO.
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