The Estée Lauder Companies has announced the acquisition of Paris-based prestige fragrance brand By Kilian. Terms of the deal were not disclosed.
Founded in 2007 by Kilian Hennessy, of the famed cognac dynasty, By Kilian enjoys a global following, primarily in the North American, European and Middle Eastern markets. Distributed via select prestige department stores and perfumeries, the brand offers a selection of scents inspired by Hennessy’s love of luxury.
“By Kilian is a perfect complement to our portfolio of prestige fragrances,” said Lauder CEO and President Fabrizio Freda. “Kilian has built a beautiful and sumptuous brand that elevates the art of perfume creation with elegance and uncompromising luxury. This acquisition gives our company a strategic opportunity to continue to build upon our leadership in ultra-luxury fragrances. We are very excited to work closely with Kilian and the entire By Kilian team to continue building on the brand’s terrific success.”
William P Lauder, ELC Executive Chairman, added, “One of our leading strengths is the ability to identify brands with unique positioning and nurture them to realize their full growth potential. We are so pleased to partner with Kilian to continue this legacy, and we welcome him and his team into our family.”
By Kilian will join ELC Executive Group President, John Demsey’s portfolio, along with Clinique, MAC Cosmetics, Tom Ford Beauty and Jo Malone, among others.