FRANKFURT, March 25 (Reuters) - Germany's Henkel

said on Thursday it agreed to buy Nasdaq-listed

Olaplex ( OLPX ) in a $1.4 billion deal to strengthen its

premium hair care business.

Here are some details:

* Henkel will offer $2.06 per share in a cash for an

equity value of $1.4 billion, a premium of about 55% over

Wednesday's closing price and about 45% over a 30-day average

* Olaplex ( OLPX ) reported $423 million in 2025 sales, and

Henkel said it delivered a strong gross margin

* According to Olaplex ( OLPX ), private equity group Advent

International agreed to fully sell its stake, which is about

75%, according to Olaplex ( OLPX )' annual report

* Olaplex's ( OLPX ) "focus on consistent quality and meaningful

relationships within the professional community has resonated

strongly with stylists and consumers alike," said Henkel

* Frankfurt-listed Henkel is valued at about 28.46

billion euros ($32.89 billion), according to LSEG data ($1

= 0.8652 euros)