Industry Update: CPG Personal Care
VRC is proud to release its latest industry report. The report provides a concise, insightful update on the CPG Personal Care industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
Industry Highlights
- On November 15, 2022, The Estée Lauder Companies Inc. announced that it signed an agreement to acquire the TOM FORD brand, a global leader in luxury, for a total enterprise value of $2.8 billion. The amount to be paid by ELC for the acquisition is approximately $2.3 billion, net of a $250 million payment to ELC at closing from Marcolin S.p.A.