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Procter & Gamble International Catwalk Report - Eugene Souleiman & Wella ProfessionalsJul 9, - CINCINNATI--(BUSINESS WIRE)--The Procter & Gamble Company The brands included in the transaction are Wella Professionals (and its. Will the takeover put Wella ahead of competitors? U.S. consumer goods giant Procter & Gamble announced on Tuesday that it has struck a deal to pay € Wella AG is a major German hair care company headquartered in Darmstadt, Germany. Founded in by Franz Ströher, it specializes in hair care, styling and colorants sold to individuals as well as hairdressers and was controlled by Procter & Gamble from until. 1 2 3