(ManagerMagazin) Henkel will Wella purchase


The consumer goods manufacturer Henkel According to insiders, has his eye on the Wella hair care business of the US company Procter & Gamble (P & G). Henkel ready as well as US corporations Revlon and Coty a bid for parts of the cosmetics business by P & G ago, said people familiar with the process told Reuters on Wednesday. The three companies worked together with investment banks to put together an offer. The deadline for the first round of bidding run from next week.

Henkel According to the insiders interested in P & G's hair care business with the brands Wella and Clairol. The division is expected to be worth about seven billion dollars. Henkel could not be reached for comment.
The maker of Persil and Pritt had declared in March to look for suitable acquisition targets out. Up to 4.5 billion euros could Düsseldorf apply for financial Carsten Knobel said.

Supervisory boss Simone Bagel-Trah had stressed earlier this year that Henkel intends to set up better for the consumer. "In the field of hair we are leading, for example, with care, styling and colorants. This is something we wish to develop," she said in a newspaper interview.
The US cosmetics giant Revlon is, according to the insider interested in the cosmetics business by P & G with drugstore brands like Cover Girl and Max Factor. Coty, which produce perfume for fashion brands such as Calvin Klein or Mac Jacobs would take over the perfume business by P & G, said the person familiar with the process people. Coty but could also check out the cosmetics business. Coty could not be reached for comment. P & G and Revlon declined to comment.