Olaplex Holdings Inc. Announces Acquisition of Biotech Company Purvala to Drive Innovation in Haircare

Reuters

2025/08/26

Olaplex Holdings Inc. Announces Acquisition of Biotech Company Purvala to Drive Innovation in Haircare

Olaplex Holdings Inc. has announced its acquisition of Purvala Bioscience, a biotech company based in Boston. This marks Olaplex's first acquisition since its inception over a decade ago. The move is aimed at bolstering Olaplex's commitment to product innovation and enhancing its bond-building technology. Purvala, founded by Drs. Bradley Olsen and Justin Paloni, is known for developing bioinspired technologies with applications in health and beauty. Olaplex CEO Amanda Baldwin highlighted the acquisition as a step towards creating next-generation, science-backed product innovations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Olaplex Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9517762-en) on August 26, 2025, and is solely responsible for the information contained therein.

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