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Worldwide Hair Care Industry to 2027 - Key Motivators, Restraints and Opportunities

/PRNewswire/ The "Global Hair Care Market 2021-2027" report has been added to ResearchAndMarkets.com s offering. The global hair care market is projected to.

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The Estée Lauder Companies Increases Ownership in DECIEM

The Estée Lauder Companies Increases Ownership in DECIEM Thursday, May 20, 2021 5:11PM IST (11:41AM GMT) ELC has closed the previously announced deal to expand its investment in the company behind fast-growing skin care brands The Ordinary and NIOD New York, United States: The Estée Lauder Companies Inc. (NYSE: EL) announced today that it has completed the first phase of increasing its ownership in DECIEM Beauty Group Inc. (“DECIEM”), the Canadian-based, vertically integrated, multi-brand company. The Estée Lauder Companies (“ELC”) now owns approximately 76% of DECIEM (up from 29%), and has agreed to purchase the remaining interests after a three-year period at a price that will be determined based on the future performance of DECIEM.

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Estée Lauder acquires majority ownership in Deciem for USD 1 billion

Estée Lauder acquires majority ownership in Deciem for USD 1 billion Premium Beauty News Share: The Estée Lauder Companies Inc. (ELC) has announced that it has entered into an agreement to increase its investment in Canadian-based Deciem Beauty Group Inc. from 29% to 76%. The transaction is expected to close in the quarter ending June 30, 2021. The amount to be paid by ELC at closing is approximately USD 1 billion, reflecting a total enterprise value of approximately USD $2.2 billion. Since Estée Lauder’s initial investment in June 2017, Deciem has grown rapidly, achieving net sales for the 12 months ended January 31, 2021, of approximately USD $460 million. Estée Lauder plans to take full ownership in three years.

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The Estée Lauder Companies Inc : The Estée Lauder Companies erhöht seine Beteiligung an DECIEM

The Estée Lauder Companies Inc : The Estée Lauder Companies erhöht seine Beteiligung an DECIEM
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Estée Lauder to pay $1-billion for controlling stake in Toronto skin care company Deciem Beauty Group

Estée Lauder to pay $1-billion for controlling stake in Toronto skin care company Deciem Beauty Group
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