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

Édition Spéciale by Luxe Pack unveils its program

Édition Spéciale by Luxe Pack, the first exhibition dedicated to environmental-friendly packaging solutions, will be held on June 4 and 5, 2019 at the Carreau du Temple in Paris, France, during the European Sustainable Development Week. With two months left until the event, the organizers have unveiled the main features of the program, (...)

read more
job opportunities
Experts’ views
Radiant skin first thing in the morning

Lipotec - Lubrizol
Radiant skin first thing in the morning

The empowerment of women has made them aware that their freedom has no limits and that they can go as far as they want. They don’t feel like super women capable of doing everything perfectly, they claim imperfection and they elect what to do with their time. Today’s women choose to make the most of their life, without missing any (...)

read more
Webinars
E-shop - latest publications
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
United Kingdom: Premium Beauty Market Report
1700.00 € 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