The Estée Lauder Companies to Acquire Remaining Stake in Forest Essentials

The Estée Lauder Companies to Acquire the TOM FORD Brand

November 15, 2022

Consumer Products

The Estée Lauder Companies Inc. (ELC) signed an agreement to acquire the TOM FORD brand, becoming the sole owner of the TOM FORD brand and all related intellectual property. The $2.8 billion deal is expected to close in the first half of calendar 2023 and is structured with cash/debt plus deferred payments; ELC will also extend licensing arrangements with Zegna (fashion/accessories) and Marcolin (eyewear).

Leste Group Acquires Significant Stake in Prestige Cosmetics

March 5, 2024

Consumer Products

Leste Group has acquired a significant stake in Prestige Cosmetics, a leading Brazilian distributor of luxury perfumes, cosmetics and skincare brands. The private equity investment will support Prestige's international expansion — particularly into North America — while strengthening its retail and e-commerce capabilities; financial terms were not disclosed.

Ermenegildo Zegna Acquires Tom Ford International; Estée Lauder Secures TOM FORD Brand

April 28, 2023

Retail

Ermenegildo Zegna N.V. acquired the remaining 85% equity interest in Tom Ford International LLC (TFI) — a stake valued at $150 million on a cash-free, debt-free basis — and will operate the TOM FORD fashion business under a long-term license from The Estée Lauder Companies. In the same transaction The Estée Lauder Companies became the sole owner of the TOM FORD brand and associated intellectual property; Zegna will run end-to-end TOM FORD FASHION (design, production, retail and wholesale) under a 20-year licensing agreement.

L'Oréal Completes Acquisition of Aesop

August 30, 2023

Consumer Products

L'Oréal has completed its acquisition of luxury beauty brand Aesop from Natura &Co. The deal brings Aesop into L'Oréal's Luxe Division as the company looks to accelerate the brand's global expansion, particularly in China, while preserving its distinctive identity and values.

e.l.f. Beauty to Acquire Naturium for $355 Million

August 29, 2023

Consumer Products

e.l.f. Beauty has signed a definitive agreement to acquire Naturium, a fast-growing high-performance skin care brand, for approximately $355 million in a combination of cash and stock. The transaction is expected to close around September 30, 2023, subject to customary closing conditions.

Yellow Wood Partners Acquires Elida Beauty from Unilever

June 6, 2024

Consumer Products

Yellow Wood Partners completed the acquisition of Elida Beauty, a portfolio of legacy Unilever beauty and personal care brands (including Q-tips, Caress, Ponds for North America/Europe, Impulse, Noxzema, Monsavon and Timotei). The transaction is a corporate carve-out from Unilever; Yellow Wood will operate Elida Beauty as an independent company with offices in Dallas, London and Paris and has named Alfie Vivian as CEO to lead the next phase of growth.