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Kao USA to acquire Oribe Hair Care

12/21/2017

Beauty company Kao USA is building up its salon division with its latest acquisition. The company will be acquiring Oribe Hair Care from Luxury Brand Partners and onboarding Oribe Hair Care co-founder and co-president Daniel Kaner as the president of the newly acquired entity, Cincinnati-based Kao said.


“Oribe is a stellar brand and a perfect fit for the Kao Salon Division portfolio,” Kao’s salon division global president Cory Couts said. “And Daniel will be an exciting and inspiring addition to our management team. Daniel's appointment not only guarantees the continuity of all that is extraordinary about Oribe but is also a progression of our company's mission to appeal to the most artistic and business-minded salon professionals in the world.”


Oribe began as a prestige hair care brand, but has grown to a global brand with products spanning skin care, hair care, body care, makeup, tools and accessories. Its products are sold in specialty retailers and in the salon segment. Under Kao, the business will continue to be based in New York City with current management, reporting to the Kao salon division.


“Kao is the ideal place for Oribe Hair Care to take the next step in its transformative journey,” Kaner said. “I have a deep respect for their organization and talented leadership team. Our friendship and business relationship goes back years, most successfully with the strategic partnership in the United States between Oribe and Goldwell color. We have always believed that hair care should be an immersive and luxury experience, and Kao is incredibly supportive of the high standard that we set for ourselves.”


The terms of the acquisition were not disclosed.


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