Beauty – BSIC | Bocconi Students Investment Club

Bottling Power: Estée Lauder-Puig and the Fight for Fragrance

Download PDF Introduction A potential $40bn merger between The Estée Lauder Companies Inc. [NYSE: EL], the skincare giant, and Puig [BME: PUIG], a fragrance-focused portfolio company, is poised to reshape the global beauty industry. On 23 March 2026, early-stage discussions were confirmed between the two groups concerning the creation of Read more…

By BSIC, 2 weeks19 April 2026 ago

Corporate Finance

Estée Lauder to acquire Tom Ford in $2.8bn deal

Download PDF Introduction The second biggest cosmetics company by revenue in the world, Estée Lauder [NYSE: EL] has announced on November 15 that it has signed an agreement to buy the fashion house Tom Ford brand for $2.8bn making it the largest acquisition within the luxury world this year. The Read more…

By BSIC, 3 years27 November 2022 ago