Announced
Completed
Financials
Tags
cosmetics
Cosmetics
Friendly
Majority
Single Bidder
skin care products
Private
South Korea
perfume
Acquisition
Completed
Synopsis
Estee Lauder, a skincare products manufacturer, completed the acquisition of the remaining shares in Have & Be, the Korean skincare products manufacturer, for $878m. "The Estée Lauder Companies is the ideal home for our brands. Since the beginning of our partnership four years ago, the Company has shared our mission to provide the very best skin care and beauty products to consumers around the world. We are excited about the opportunity to continue this partnership as we continue to innovate and grow our brands globally,” ChinWook Lee, Have & Be CEO.
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