The personal care contract manufacturing company has been growing swiftly, buying up related businesses—this time it’s a manufacturer that specializes in liquid, gel, lotion, and paste CPG for not only beauty brands but also those in the home, laundry,...
This month, the Ontario-based personal care and cosmetics contract manufacturer announced the acquisition of the Aromair Fine Fragrance Company, a move that expands the KDC business into a whole new industry.
In partnership with private equity firm Novacap, KDC is moving heavily into beauty product development and manufacturing in an effort to reach $1bn in annual sales. This is just the latest in a string of acquisitions.
The Knowlton Development Corporation has augmented its formulating and manufacturing capacity by acquiring ChemAid, which produces skin care, hair care, as well as bath and body treatments.
