Estée Lauder completes full acquisition of DECIEM Beauty Group
The Estée Lauder Companies Inc. (ELC) has announced the successful completion of its acquisition of the remaining interests in DECIEM Beauty Group Inc., a Canada-based, vertically integrated multi-brand company. This acquisition, valued at approximately $860 million for the final tranche, brings ELC’s total investment in DECIEM to an estimated $1.7 billion, net of cash. The […]