Wella AG is a German company specializing in hair care, styling, colorants, and other beauty products, and was founded in 1880 in Germany by Franz Ströher. Its headquartered in Darmstadt, Germany. From Wikipedia
Coty's Q1 sales growth led by strong demand in beauty market, with Prestige and Consumer beauty segments seeing double-digit LFL increase; sale of partial Wella stake cancelled over final deal term disagreements.