04:19 AM EDT, 03/26/2026 (MT Newswires) -- Olaplex ( OLPX ) said Thursday it has agreed to be acquired by Henkel for $2.06 per share in cash, representing a roughly $1.4 billion equity value.

The deal, which was approved by Olaplex's ( OLPX ) board, is expected to close as early as H2.

Following the deal's completion, the company will cease to be listed on Nasdaq but continue operating under the Olaplex brand.

Advent International will fully exit its investment in the company once the deal closes.

Olaplex ( OLPX ) shares were up 47% in premarket activity.