Henkel has signed an agreement with investment fund TSG Consumer Partners regarding the acquisition of SexyHair, Alterna, and Kenra, the company informed.
The transaction amounting to ca. EUR 270 million is currently pending approvals by competition authorities.
Henkel (founded in 1876) operates worldwide with leading brands and technologies in three business areas: Laundry & Home Care, Beauty Care and Adhesive Technologies. Its portfolio of brands includes Persil, Schwarzkopf and Loctite, the company employs about 47,000 people. Henkel's shares count for Germany's DAX stock index.
In 2013, the company's sales revenue was EUR 16.4 billion, adjusted operating profit reached EUR 2.5 billion.