KKR completed the acquisition of Wella from Coty for $2.5bn.

KKR, an investment firm, completed the acquisition of Wella, a professional and retail Hair business, from Coty, a beauty product supplier, for $2.5bn. "Today marks an important milestone in Coty’s transformation and the development of a stronger, more focused and flexible business that’s set up for long-term success." Sue Y. Nabi, Coty CEO.