Lathering up for a buyout?: Local hair care products biz Kenra could fetch $80 million

Kenra LLC, a locally based hair-care products manufacturer that has nearly tripled its revenue in six years, is looking for a buyer. New York-based Giulliani Capital Advisors LLC is helping the 76-year-old company find a suitor, according to sources familiar with the situation. Kenra reported its annual sales doubled last year to $80 million on the strength of a new line called Kenra Platinum, an upscale haircare collection. Company officials told Women's Wear Daily in March sales could increase another...

 

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