The Estée Lauder Companies to Acquire Remaining Stake in Forest Essentials

March 5, 2026

The Estée Lauder Companies entered into an agreement, subject to regulatory approvals, to acquire the remaining interests in Indian luxury beauty brand Forest Essentials. The transaction—expected to close in the second half of 2026—follows Estée Lauder’s earlier minority investment (2008) and increased ownership to 49% (2020), moving to full ownership of the brand.

Buyers
The Estée Lauder Companies Inc.
Targets
Forest Essentials
Location
India
Transaction Type
Buyout

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