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Mar 5, 2026 8:01 AM

Estée Lauder Acquires Remaining Interest In India's Forest Essentials

Estée Lauder Companies (NYSE:EL) shares are up during Thursday's premarket session as the company is expanding its partnership with Forest Essentials, a prominent Indian beauty brand.

This move comes as broader markets experienced mixed performance, with the Dow Jones down 0.12% and the Nasdaq slightly up by 0.04% on the previous trading day.

Deal Details

The Estée Lauder Companies announced an agreement to acquire the remaining interests in Forest Essentials, building on an 18-year partnership.

The transaction is expected to close in the second half of calendar year 2026, reflecting the company's confidence in Forest Essentials' brand equity and sustainability ethos.

The deal builds on Estée Lauder's earlier minority investment in Forest Essentials, first made in 2008 and increased to 49% in 2020.

Forest Essentials Vision

Forest Essentials, founded in 2000, has established itself as a leader in luxury Ayurveda products, with forecasts indicating low double-digit growth in ...

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