EL · 10-Q · 2026Q3 · Full report
Acquisitions and Divestitures
ESTEE LAUDER COMPANIES INC · 2026-11-02 · Importance 65 · Surprise 60 · No source text
On October 5, 2026, after the September 30 quarter-end, the company acquired the remaining 51% equity interest in Mountain Valley Springs India Private Limited, owner of the India-based Forest Essentials beauty brand. It paid $160 million for the remaining interest and a separate $37 million one-time inducement payment, using cash on hand. The brand is described as grounded in the science of modern Luxurious Ayurveda.
Key facts
- ESTEE LAUDER COMPANIES INC completed the acquisition of the remaining 51% equity interest in Mountain Valley Springs India Private Limited, owner of Forest Essentials, on October 5, 2026, paying $160 million for the interest and a $37 million one-time inducement payment using cash on hand. source
- The timing and impact of ESTEE LAUDER COMPANIES INC’s acquisitions, investments, and divestitures could affect results. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -0.8% | ESTEE LAUDER COMPANIES INC completed the acquisition of the remaining 51% equity interest in Mountain Valley Springs India Private… |