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The Estée Lauder completes buyout of Smashbox
02 Jul '10
1 min read
The Estée Lauder Companies Inc. announced that it has completed its acquisition of Smashbox Beauty Cosmetics, Inc. Terms of the deal were not disclosed.
The transaction is expected to be accretive to earnings in fiscal year 2011, before transaction and integration costs. Moelis & Company acted as financial advisor and Weil, Gotshal & Manges LLP served as legal counsel to The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company's products are sold in over 140 countries and territories under the following brand names: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M•A•C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble, Darphin, Michael Kors, American Beauty, Flirt!, GoodSkin Labs, Grassroots Research Labs, Sean John, Missoni, Daisy Fuentes, Tom Ford Beauty, Coach, Ojon and Smashbox.
The transaction is expected to be accretive to earnings in fiscal year 2011, before transaction and integration costs. Moelis & Company acted as financial advisor and Weil, Gotshal & Manges LLP served as legal counsel to The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company's products are sold in over 140 countries and territories under the following brand names: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M•A•C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble, Darphin, Michael Kors, American Beauty, Flirt!, GoodSkin Labs, Grassroots Research Labs, Sean John, Missoni, Daisy Fuentes, Tom Ford Beauty, Coach, Ojon and Smashbox.
Estée Lauder Companies Inc
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