MergerMay 11, 2026, 06:48 AM
Olaplex to be Acquired by Henkel for $1.4B; Q1 Sales Up 2.5%
AI Summary
Olaplex announced it will be acquired by Henkel AG & Co. KGaA for $2.06 per share in a cash transaction, valuing the company at approximately $1.4 billion. This represents a 55% premium over its closing stock price on March 25, 2026. For Q1 2026, Olaplex reported a 2.5% increase in net sales to $99.4 million, but a net loss of $5.3 million compared to a net income of $0.5 million in Q1 2025. The company will not provide future guidance due to the pending acquisition.
Key Highlights
- Olaplex to be acquired by Henkel for $1.4 billion, or $2.06 per share.
- Acquisition price represents a 55% premium over March 25, 2026 closing stock price.
- Q1 2026 net sales increased 2.5% to $99.4 million.
- Q1 2026 net loss was $5.3 million, compared to net income of $0.5 million in Q1 2025.
- Professional channel sales increased 12.3% to $38.8 million.
- Direct-To-Consumer sales increased 13.8% to $27.2 million.
- Adjusted EBITDA decreased 26.1% to $18.978 million.
- Company will not provide guidance or host a conference call due to the acquisition.