P&G to acquire Mielle Organics from Berkshire Partners.

Procter & Gamble, a FMCG company, agreed to acquire Mielle Organics, a hair products manufacturer, from Berkshire Partners, a private equity firm. Financial terms were not disclosed. “From the moment we stepped into P&G, we saw a diverse team of leaders who share our values and vision for innovation, education and community empowerment, including several Black leaders who play a key role in the hair care and beauty businesses. This partnership gives Mielle an opportunity to serve more textured hair consumers with the great products and formulas that our community loves," Monique Rodriguez, Mielle Organics Co-Founder and CEO.