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Estee Lauder Companies Inc said on Monday it would buy Los Angeles-based Smashbox Beauty Cosmetics Inc, but did not disclose terms.Estee Lauder said the deal, which is expected to close in July subject to regulatory approval, will add to earnings in fiscal 2011, before transaction and integration costs.Smashbox, which sells cosmetics and nail polish mainly in North Ameica, was founded in 1996 by two great-grandsons of Max Factor. The brand was inspired by the needs of makeup artists working on photo shoots.Other brands in the Estee Lauder portolio include Clinique, Origins, Bumble and bumble, Jo Malone, Prescriptives and MAC.(Reporting by Alexandria Sage; Editing by Derek Caney)
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