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Germany's Henkel nears deal for hair care brand Olaplex, Bloomberg News reports

ReutersMar 26, 2026 1:44 AM

- German consumer goods maker Henkel HNKG.DE is in advanced talks to buy Olaplex OLPX.O in a deal that would value the U.S. hair care products maker at about $2 per share, Bloomberg News reported on Wednesday, citing sources.

Henkel could announce a deal for Olaplex in the coming days, the report said.

Shares of Olaplex were up over 14% at $1.52 in after hours trading following the report.

Reuters could not immediately verify the report. Henkel and Olaplex did not immediately respond to Reuters' requests for comment outside regular business hours.

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