Johnson & Johnson (NYSE: JNJ) agreed to buy closely held hair-care company Vogue International for about $3.3 billion in cash, making its biggest acquisition in four years to expand its consumer division.

The acquisition will add OGX shampoos, conditioners and styling products, as well as the FX line of styling products and the Proganix and Maui Moisture brands, J&J said in a statement Thursday. Vogue, based in Clearwater, Florida, is partly owned by its founder, Todd Christopher, and private equity firm the Carlyle Group LP (Nasdaq: CG), which invested in the company two years go.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.