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Unilever May Buy Drunk Elephant?

The company is considering a $1 billion bid, reports say.

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By: Marie Redding

Senior Editor, Rodman Media


Unilever is considering a $1 billion bid to purhase Indie skincare brand Drunk Elephant, multiple sources report.

Earlier this year, Drunk Elephant’s founder, Tiffany Masterson, hired investment bankers from Moelis and Financo, to explore a sales deal — and, reportedly, she was speaking to execs at the Estee Lauder Companies.

The brand was extremely profitable in 2018, WWD reports, and made close to $100 million in net sales. 


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