P&G has completed the acquisition of Nioxin Research Laboratories, Inc., a maker of professional hair care products focused on the scalp to improve the appearance of thinning hair. According to Robert Jongstra, president, P&G Professional Care, the acquisition is a “great strategic fit given P&G’s leadership and proven strength in its retail scalp care business. Further, P&G’s global scale creates opportunities to further grow the Nioxin brand in key markets around the world. By bringing these two complementary businesses together, we create a strong global platform to leverage the innovation pipeline of both companies.”
Nioxin’s chief executive, Brian Graham, will continue to lead the business, according to P&G.