Unilever to acquire K18 Hair.

Unilever, a British-Dutch transnational consumer goods company, agreed to acquire K18 Hair, a biology-first hair care brand. Financial terms were not disclosed. “We are thrilled to continue to grow our Unilever Prestige portfolio in high growth premium spaces with the addition of K18. This acquisition complements our fast-growing portfolio of premium, culturally-relevant consumer brands. What Suveen, Britta and the team have created is a testament to the importance of brands built on unparalleled science, product efficacy and community love,” Vasiliki Petrou, Unilever Prestige CEO