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Synopsis
OLAPLEX, a foundational health and beauty company powered by breakthrough innovation and the professional hairstylist, completed the acquisition of Purvala Bioscience, a Boston-based biotech company. Financial terms were not disclosed. “Since the very beginning, OLAPLEX was founded on the concept of innovation with groundbreaking bond technology that empowered stylists and their clients to achieve transformative results. And scientific breakthroughs are what continues to inspire us as we remain committed to delivering the best possible products for our stylist community and our customers. What we’ve accomplished to-date has already left such a meaningful impact on our industry, and we believe that with Purvala we have the potential to create the next generation of disruptive science-backed product innovation alongside our patent-protected bond-building technology, Bis-amino," Amanda Baldwin, OLAPLEX CEO.
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