Date Posted: Friday 3rd June 2016
Johnson & Johnson has entered into a definitive agreement to acquire Vogue International, a privately held company focused on the marketing, development and distribution of salon-influenced and nature inspired hair care and other personal care products, for approximately $3.3 billion in cash. The acquisition will include the OGX collection of shampoos, conditioners, treatments, styling products, body care and bath products, the FX line of hair styling products, and the Proganix and Maui Moisture hair care lines.
The closing is subject to antitrust clearance and other customary closing conditions. The transaction is expected to close during the third quarter of 2016.
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