Industry Update: CPG Personal Care

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.

Past Industry Updates

CPG Personal Care: November 2022

CPG Personal Care: August 2022

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