EL · 8-K · 20261102PR000057
Acquisition / Partnership / Divestiture
ESTEE LAUDER COMPANIES INC · 2026-11-02 · Importance 32 · Surprise 60
On October 5, 2026, The Estée Lauder Companies completed its acquisition of the remaining equity interest in Mountain Valley Springs India Private Limited, owner of the Forest Essentials brand. The company’s fiscal 2027 outlook says Forest Essentials is not expected to have a material impact on consolidated net sales or diluted earnings per share. The release does not disclose the acquisition price; it identifies a $0.10 per-share one-time inducement payment and a $0.25–$0.27 per-share gain on the previously held equity interest in its adjusted EPS reconciliation.
Key facts
- In September 2026, the company announced a partnership with AI marketing platform Profound to provide enterprise-wide global AI insights and Generative Engine Optimization across emerging digital touchpoints. source
- On October 5, 2026, the company completed its acquisition of the remaining equity interest in Mountain Valley Springs India Private Limited, owner of Forest Essentials. source
- The company does not expect Forest Essentials’ fiscal 2027 results to materially affect consolidated net sales or diluted net earnings per common share. source