The Estée Lauder Companies Increases Ownership in Deciem

May 18th, 2021

Hannah Fink

The Estée Lauder Companies now owns approximately 76% of Deciem.

The Estée Lauder Companies now owns approximately 76% of Deciem.

The Estée Lauder Companies Inc. (ELC) has completed the first phase of increasing its ownership in Deciem Beauty Group Inc. and now owns approximately 76% of Deciem, up from 29%.

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The company has agreed to purchase the remaining interests after a three-year period at a price that will be determined based on the future performance of Deciem.

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