Beauty Store Business magazine - December, 2019

acquisition

Estée Lauder Acquires Dr. Jart +

The Estée Lauder Companies has acquired Have & Be Co. Ltd., the company that owns global skincare brand Dr. Jart+ and men’s grooming brand Do The Right Thing. This new found partnership between Estée Lauder and Dr. Jart+ will helped further strengthen Estée’s leadership position within the skincare segment of the beauty industry and will help expand its reach in Asia/Pacific, North America and the UK. Estée Lauder expects net sales to increase by $500 million as a result of the acquisition.

New World Natural Brands Acquires 18.21 Man Made

Chicago-based holding company New World Natural Brands has acquired men’s grooming brand 18.21 Man Made. The bootlegging and American prohibition era-inspired brand was founded by Angel del Solar, Aston LaFon and David del Solar in 2014. Its distinct and natural grooming blends gained traction with stylists, barbers and consumers by delivering performance while delivering artisanal ingredients and custom-crafted aroma profiles, including the brand’s signature Sweet Tobacco.

L'Occitane Acquires Elemis for $900 Million

L'Occitane, a luxury cosmetics manufacturer and retailer with a portfolio of premium beauty brands, has just acquired British skincare brand Elemis to the tune of $900 million. It is the company's largest acquisition since listing on the Hong Kong Stock Exchange.

Founded in 1990, Elemis has become a world leader in prestige skincare and is the number one independent British skincare brand. Its products have strong cross-generational consumer appeal, attracting millennials while also maintaining loyal Gen X and baby boomer consumers.