Procter & Gamble has closed on the purchase of
NIOXIN Research Laboratories, Inc., a global leader in the scalp care segment.
NIOXIN offers a range of innovative products to improve the appearance of thinning hair and is distributed through salons in more than 40 countries.
"Our goal is to further grow the NIOXIN business with their current organization, brand portfolio and distribution partners," Kevin Otero, general manager of P&G Professional Care North America tells PR Newswire.
Current NIOXIN CEO Brian Graham will be retained to lead the business.
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