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Estee Lauder Signs Deal To Acquire High-End Fragrance Firm Le Labo

October 15, 2014: 12:00 AM EST
Estee Lauder Companies Inc. said it has agreed to acquire Le Labo, maker of high-end fragrance and sensory lifestyle products. Expected to close in November 2014, the deal will complement and strengthen Estee Lauder's brand portfolio, the company said. Established in 2006 by fragrance industry veterans Fabrice Penot and Eddie Roschi, Le Labo has built a loyal base of consumers with its exclusive lineup of fragrances and sensory lifestyle products.
"The Estee Lauder Companies Inc. to Acquire Le Labo", Estee Lauder, October 15, 2014, © The Estée Lauder Companies Inc.
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