Wella Company
Wella AG, founded in 1880 in Germany by Franz Ströher, is a leading provider of hair care, styling, colorants, and beauty products, with its headquarters in Darmstadt, Germany. The company experienced significant corporate transitions, starting with its acquisition by Procter & Gamble in 2003, followed by a sale to Coty Inc. in 2015, which included several other P&G brands. In 2020, Coty sold a majority stake in Wella to the American private equity firm KKR for $2.5 billion but retained a 40% stake. Subsequent deals in 2021 and 2023 further reduced Coty's stake in Wella, reflecting strategic divestments and investments that shape the company's ownership structure and highlight its evolving corporate journey.
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Wella’s Milestone in Brazil: Opening of New Distribution Center
The renowned hair and nail care brand Wella Company has officially opened its new distribution center in Extrema, Brazil. This facility marks a significant milestone for Wella, being their third-largest distribution center globally. A Sign of Independence and Growth This new chapter aligns with Wella’s recent independence from the Coty
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