Updated: Olaplex to 111Skin – All the beauty M&A deals of 2026 so far

Estée Lauder Companies, L’Oréal, Unilever and Henkel are among the beauty giants bolstering their portfolio with acquisitions such as 111Skin, Innovist, Grüns and Olaplex in a busy first half of the year for beauty M&A

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The first six months of 2026 have kicked off with a bang when it comes to beauty M&A, with a wave of deals large and small – from Henkel snapping up Olaplex to Estée Lauder Companies (ELC) taking a stake in 111Skin.

Cosmetics Business rounds up all the beauty deals of the year so far below, as major beauty players bolster their portfolios, private equity firms deepen their investment in the fast-growing sector, and independent brands secure backing to fuel growth.

Plus, ingredients suppliers and manufacturers are also strengthening their foothold in new markets and categories.


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Versed snapped up by Belle Brands

Versed, the ‘clean’ beauty brand, has been acquired by Belle Brands, a platform company formed by consumer-focused private investment firm Windsong Global.

Belle Brands has bought the skin care and make-up brand founded by entrepreneur Katherine Power to expand its beauty platform, joining the likes of JVN Hair, Pipette and KVD Beauty in its portfolio.

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