Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Contract manufacturing: KDC strengthens its position in California with the acquisition of Thibiant

Knowlton Development Corporation (KDC) President and CEO Nicholas Whitley

Knowlton Development Corporation (KDC) President and CEO Nicholas Whitley

Knowlton Development Corporation (KDC), a leading contract manufacturer of health and beauty-care products, headquartered in Longueuil, Quebec, has acquired Thibiant International, a California based formulator and manufacturer of personal and skin care products.

This transaction comes in the wake of a series of acquisitions carried out in 2014 and 2015, in particular of Cosmetic Technologies, last year, which allowed KDC to establish a first branch on the West Coast of the U.S.

We are very confident that this acquisition will add considerable growth potential and enable us to establish a strong presence on the West Coast of the U.S.,” states KDC President and CEO Nicholas Whitley. “We found particularly attractive Thibiant’s innovation-driven business model, its high-tech facilities and equipment, its exceptional client base and, most of all, its team of talented and highly qualified professionals. KDC and Thibiant also share very similar corporate cultures and operating principles, which establishes a solid base for cooperation. We are going to phase some of Thibiant’s best practices into our operation and export some of ours, which will make for excellent synergies benefiting everyone.

The acquisition of Thibiant, which has 285 full-time employees in facilities extending over 330,000 square feet (30,600 m2), is also in line the KDC strategic goal of doubling the size of the company and hitting the billion-dollar mark in annual sales over the next three to five years.

© 2016 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus

MakeUp in Asia [Seoul] to focus on make-up innovation

The forthcoming MakeUp in Asia, which will take place on 05-06 April 2017 at the Conrad Hotel in Seoul, once again will put the spotlight on make-up innovation. No less than 33 products were submitted by exhibitors to take part to the Innovation Tree Awards contest organised during the show. Eventually, a total of twelve, five and (...)

read more
job opportunities
Experts’ views
Inventing the future of cosmetics

Maverick Laboratories
Inventing the future of cosmetics

Maverick Laboratories has been operating for more than 25 years successfully, it leads the field nationally in the design and manufacture of beauty products for large scale consumption. Certain lines of products boast a 40% market share and are the chosen by more than 5.1 million Spanish homes. During 2016 the sector has been (...)

read more
Webinars
E-shop - latest publications
MARKET REPORT : Black & Multi-Hued Beauty Trends
4000.00 € excl. tax
Regulations on the registration of cosmetic products in China (part1)
135.00 € excl. tax
Regulations on the registration of cosmetic products in China
200.00 € excl. tax
Go to top ↑

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close