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Proctor & Gamble Announces Acquisition of Nioxin

Web Editor | July 10, 2011 | 7:25 PM

 

Proctor & Gamble has announced its purchase of Nioxin Research Laboratories, a leading professional hair care brand focusing on scalp care products that improve the appearance of thinning hair.

“Nioxin is the leading brand in the specialty thinning hair segment with strong brands, excellent management and a deep expertise in the professional hair business,” said Robert Jongstra, president of P&G Professional Care. “This acquisition is a great strategic fit given P&G’s leadership and proven strength in its retail scalp care business,” he added.

“Our goal is to further grow the Nioxin business with its current organization, brand portfolio and distribution partners,” said Kevin Otero, general manager, P&G Professional Care, North America.

P&G also announced that current Nioxin CEO Brian Graham will continue to lead the business. “Brian is a tremendous leader and asset with a strong passion for this brand and for the industry,” Otero said.

“In a world of globalization, we are proud to join the family of P&G professional brands,” said Eva Graham, founder of Nioxin.

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