Kao Salon Division subsidiary Kao USA has signed an agreement to acquire Oribe Hair Care from Luxury Brand Partners.

With the transaction, Oribe will join Kao Salon Division’s portfolio of brands, which includes Goldwell. Oribe’s business will remain based in New York City.

Oribe Hair Care co‐founder and co-president Daniel Kaner will be named president of the newly acquired entity.

“Oribe will join Kao Salon Division’s portfolio of brands, which includes Goldwell.”

Kao Salon Division global president Cory Couts said: “Oribe is a stellar brand and a perfect fit for the Kao Salon Division portfolio.

“Daniel will be an exciting and inspiring addition to our management team. Daniel’s appointment not only guarantees the continuity of all that is extraordinary about Oribe but is also a progression of our company’s mission to appeal to the most artistic and business‐minded salon professionals in the world.”

The Sage Group has served as financial advisor to Oribe Hair Care.

Oribe offers haircare, skincare, body care, makeup, tools and accessories to professional salons and retailers in the US and worldwide.