Confirmed Control Closed Transaction verified BeautyConsumerSkin Care

Have & Be Co. Ltd. (Dr.Jart+) acquired by The Estée Lauder Companies Inc.

The Estée Lauder Companies Inc. acquired Have & Be Co. Ltd. (Dr.Jart+), a South Korea skincare brand.

Transaction summary

Target
Have & Be Co. Ltd. (Dr.Jart+)
Acquirer
The Estée Lauder Companies Inc.
Seller
-
Announced
-
Geography
South Korea
Tags
BeautyConsumerSkin Care
Type
Acquisition
Deal type
Control
Stake acquired
-
First added
2026-10-11
Latest update
2026-10-12

Value and multiples

100% enterprise value

Undisclosed

Value not disclosed

Basis: FundComb estimate

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

-

Period not stated

Basis: FundComb estimate

EV / EBITDA

-

EBITDA basis not stated

Basis: FundComb estimate

Basis

  • A comparable 100% enterprise value has not been established. Separately reported amounts are retained below.

Source summary

Estée Lauder 10-K, filed 2026-08-19

Confirmed

Acquisition of Have & Be Co. Ltd. (Dr.Jart+) by The Estée Lauder Companies Inc.

Open source

Estée Lauder 10-K, filed 2026-08-19

Confirmed

For some of our historical minority investments, we have acquired the remaining interests (e.g., Have & Be Co. Ltd. (i.e. Dr.Jart+) and DECIEM).

Open source