By  on June 2, 2014

BERLIN — Henkel AG is strengthening its hold on the U.S. hair-care market.

The Düsseldorf-based maker of Schwarzkopf, Dial and Persil said it has signed an agreement with TSG Consumer Partners to acquire three U.S. professional hair brands in a cash deal worth 270 million euros, or $368.2 million at current exchange.

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