Estee Lauder Companies to Acquire Remaining Stake in Forest Essentials

The Estée Lauder Companies Inc. to Acquire Remaining Interests in Forest Essentials

The Estée Lauder Companies Inc. has entered into an agreement to acquire the remaining interests in Forest Essentials, a leading Indian beauty brand grounded in Luxurious Ayurveda. The transaction, subject to regulatory approvals, is expected to close in the second half of 2026, marking a significant milestone in the company's 18-year partnership with Forest Essentials.

Key Highlights

• The Estée Lauder Companies Inc. currently holds a 49% stake in Forest Essentials, acquired through a minority investment in 2008.
• The acquisition will enable Forest Essentials to leverage The Estée Lauder Companies Inc.'s global brand-building capabilities, prestige distribution network, and operational expertise to drive long-term, sustainable growth.
• Forest Essentials will maintain its fully integrated operational ecosystem in India, including research and development, responsible and local botanical sourcing, and in-house manufacturing.
• The brand will continue to be headquartered in New Delhi and led by Mira Kulkarni and her son Samrath Bedi.

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Strategic Rationale

The acquisition reflects The Estée Lauder Companies Inc.'s long-term commitment to nurturing and growing Forest Essentials, a highly trusted brand with a strong presence in the Indian market. The company aims to expand Forest Essentials' consumer reach globally, while preserving the brand's distinctive Luxurious Ayurvedic DNA and Indian heritage.

Future Outlook

The partnership is expected to create a scalable platform for Forest Essentials, enabling the brand to innovate with integrity, uphold exceptional quality, and reduce its environmental impact. The Estée Lauder Companies Inc. will support Forest Essentials in expanding its reach internationally, while maintaining its commitment to operational excellence and Indian consumers.

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