Olaplex
From Wikipedia, the free encyclopedia
| Company type | Public |
|---|---|
| |
| Industry | Professional hair care |
| Founded | 2014 |
| Founder | Dean Christal |
| Headquarters | Santa Barbara, California, U.S. |
Key people |
|
| Owner | Advent International |
| Website | olaplex |
Olaplex is a hair care brand founded in 2014 by Dean Christal.[1] The product was developed by two chemists, Eric Presley and Craig Hawker, and is advertised to rebuild broken bonds in hair caused by chemical, thermal, and mechanical damage.[2][3]
Olaplex was founded in 2014 by Dean Christal. In 2019, Olaplex was acquired by Advent International.
On 30 September 2021, Olaplex was listed on the Nasdaq, raising 1.5 billion dollars after selling 73.7 million shares.[4]
JuE Wong was the CEO from 2020 until 2023.[5][6] In October 2023, Olaplex announced that Amanda Baldwin, former CEO of Supergoop, would be taking over in 2024 as CEO of Olaplex.[6] John Bilbrey, executive chair on the board, will serve as interim CEO until 2024. [6][7]
In 2026, Olaplex was acquired by Henkel for $1.4 billion at an offer price of $2.06 per share.[8]