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Mergers and Acquisitions

Lauder Buying Spree Continues

Rodin Olio Lusso joins skincare portfolio

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By: Jamie Matusow

Editor-in-Chief

Industry speculation has been running high, anticipating that The Estee Lauder Companies was looking to spend some of its M&A funds before year’s end. And the U.S. based conglomerate has not let the pundits down. Earlier this month, Lauder announced the purchase of niche brand Le Labo—and today, followed with the news that indie facial/body oil cult brand Rodin Olio Lusso will be coming aboard.
 
With L’Oreal jumping in in the midst of the two Lauder announcements, to purchase the Carol’s Daughter brand, looks like it’s the French beauty manufacturer’s turn to make the next M&A move.

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