LONGUEUIL, Quebec–(BUSINESS WIRE)–Knowlton Development Corporation (“kdc/one” or the “Company”), the trusted global provider of innovative end-to-end solutions for beauty, personal care, and home care brands, today announced that KKR, a leading global investment firm, has made a significant investment to support its continued strategic growth. Cornell Capital will remain the Company’s largest shareholder and the existing investor group, including CDPQ, will remain in place as owners of kdc/one. The Company also announced the acquisition of Aerofil Technology (“Aerofil”), a leader in value-added services for aerosol and liquid manufacturing. Financial terms of the transactions were not disclosed.
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