We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Time Is Ripe For Acquisitions For Estee Lauder, Market Analysts Say

March 24, 2014: 12:00 AM EST
Cosmetics company Estee Lauder is expected to acquire a personal care brand, such as anti-aging and acne products manufacturer Murad Inc. or supplements and serums seller Perricone MD, according to market observers. Royal Bank of Canada and Telsey Advisory Group said the company has enough financial muscle to pull off a significant acquisition deal, with its cash balance almost doubled during the past four years. Market analyst B. Riley & Co. said Estee Lauder could also be poised to buy nail-care company Butter London. Known for expanding its business by purchasing smaller brands, such as Smashbox and Aveda Corp, Estee Lauder said it intends to source 1 percent of total sales growth from acquired companies in the next three years.
Laura Lorenzetti , "Estee Lauder Poised to Shop After Deal Drought: Real M&A", Bloomberg, March 24, 2014, © Bloomberg L.P.
Domains
BEAUTY BUSINESS
Market News
Operations
Strategy
Geographies
Worldwide
North America
United States of America
Categories
Companies, Organizations
Deals, M&A, JVs, Licensing
Market News
Developed by Yuri Ingultsov Software Lab.