Organization

DECIEM

Canadian beauty company; The Estée Lauder Companies invested in 2017 and bought the rest in 2024.

3 links, 3 backed by primary records

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Over time
  1. part of The Estée Lauder Companies 2021 –

Connections 3

acquired by

  • The Estée Lauder Companies 31 May 2024 $860M Primary record 1

    An estimated $860 million for the remaining interests, by the company's account; the total investment approximated $1.7 billion over three tranches.

part of

  • The Estée Lauder Companies 2021 – Primary record 1

    By the company's account, a majority-owned business from 2021 and wholly owned from 31 May 2024.

includes

Timeline 2 dates
  1. 2021 – DECIEM part of The Estée Lauder Companies
  2. 31 May 2024 The Estée Lauder Companies acquired DECIEM
Proof 2 sources
  1. The Estée Lauder Companies Completes Acquisition of DECIEM, The Estée Lauder Companies, 3 Jun 2024. Primary record
    ELC first invested in DECIEM in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase the remaining interests in DECIEM after a three-year period.
    ELC first invested in DECIEM in 2017, increased its stake to become majority owner in 2021
  2. DECIEM, About us, DECIEM. Primary record
    The Ordinary NIOD LOOPHA The Chemistry Brand DECIEM
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