Estée Lauder to acquire remaining stake in Forest Essentials

Reuters03-05
Estée Lauder to acquire remaining stake in Forest Essentials

The Estée Lauder Companies Inc. entered into an agreement to acquire the remaining interests in India’s Forest Essentials, moving to full ownership after holding a minority stake since 2008 that was increased to 49% in 2020. The deal is expected to close in the second half of calendar year 2026, subject to regulatory approvals, with Forest Essentials to remain headquartered in New Delhi under founder Mira Kulkarni and executive director Samrath Bedi.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Estée Lauder Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260304943103) on March 05, 2026, and is solely responsible for the information contained therein.

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