As it published the past 1 August 'Thave Wall Street Journal', the American multinational of cosmetics would be negotiating the purchase of the mark of luxury Tom Ford, founded in 2005. The newspaper has indicated that the figure of purchase come upon the 3.000 million dollars and would turn into the acquisition with the greater economic value of the history for Estée Lauder. Until then, the greatest acquisition of Estée Lauder has been the purchase Too Faced, in 2016 valued in 1.450 million euros
It does you grieve a month, went out to the light through Bloomberg, that the company of luxury Tom Ford stirred the available possibility, and that was looking for a new owner. Thus, the company of luxury hired to Goldman Sachs, a bank of investment, that acts like adviser and negotiator in this process. The sale has a requirement by part of the owner of Tom Ford: the right to work with his founder after effecting the operation.
In case to make this operation, Estée Lauder would go in of full in the field of the luxury and could enter as their own the products offered by part of Tom Ford, especially, the cosmetics and scents of high range. The line of beauty of Tom Ford are considered like a mark ultra-prestigious, and this is what pursues Estée Lauder. This operation seeks to follow the same strategy that Puig and of this way, would mean to include in his portfolio of brands fashionable, since up to now, only, his acquisitions have been companies related with the sector of the cosmetic.
Ford created his own mark (Tom Ford) in the year 2004, after abandoning Gucci. Beside the general director of Gucci, Domenico of Sole, Tom Ford turned into a start in a signature of beauty, of scents and of glasses that established agreements of distribution with Marcolin, and Estée Lauder, company, that now walks behind his steps to do with the company.