Olaplex Holdings Inc. (NASDAQ:OLPX) shares rose in Thursday’s premarket session after the company agreed to be acquired by Henkel AG & Co. KGaA (OTC:HENKY) for $2.06 per share in cash, valuing the company at approximately $1.4 billion.
Deal Terms and Premium
The offer represents a premium of about 55% to Olaplex’s March 25 closing price and roughly 45% above its 30-day volume-weighted average price.
Upon closing, Olaplex will continue operating under its brand name, delist from Nasdaq, and Advent International will fully exit its investment.
Strategic Rationale and Timeline
The companies said the deal will combine Olaplex’s science-led hair care brand with Henkel’s global platform to expand international reach, accelerate product development, and deepen relationships with stylists and salons.
The company expects to close the transaction in the second half of 2026, subject to regulatory approvals and customary conditions. Advent, which holds a majority of voting power, has already approved the deal, eliminating the need for further shareholder approval.
Growth Outlook and Leadership Commentary
Olaplex said the combination will support innovation and growth by leveraging its direct-to-consumer and specialty retail presence in North America alongside Henkel’s international footprint.
CEO Amanda Baldwin said, “Today marks an exciting next chapter for OLAPLEX. From our roots in the professional community to becoming one of the most trusted science-led brands in hair treatment, our journey has always been fueled by innovation and a deep commitment to stylists and consumers.”
Executive Chair John P. “JP” Bilbrey added, “OLAPLEX’s growth reflects the strength of its science-led approach, its brand and the dedication of its team.
Earnings & Analyst Outlook
Looking further out, the next major catalyst for the stock arrives with the May 7, 2026 (estimated) earnings report.
- EPS Estimate: 1 cent (Up from 0 cents)
- Revenue Estimate: $93.97 million (Down from $96.98 million)
Analyst Consensus & Recent Actions: The stock has a Hold rating and an average price target of $2.21. Recent analyst moves include:
- Telsey Advisory Group: Market Perform (Maintains Target to $2.00) (Mar. 2)
- Jefferies: Hold (Target $1.50) (Jan. 14)
- Barclays: Equal-Weight (Lowers Target to $1.25) (Nov. 10, 2025)
OLPX Price Action: Olaplex shares were up 51.13% at $2.00 during premarket trading on Thursday. The stock is trading at a new 52-week high, according to Benzinga Pro data.
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