In a bold strategic decision, Knowlton Development Corporation (kdc/one) is taking significant steps forward by acquiring the European and Middle Eastern division of Maesa, known as Maesa EMEA. This move is set to enhance kdc/one’s already impressive beauty portfolio and strengthen its presence in these key markets.
Enhancing Capabilities
The acquisition aims to elevate kdc/one’s formulation, packaging, and manufacturing capabilities by merging them with Maesa EMEA’s established brand development expertise. As a result, kdc/one will be better positioned to serve clients in the beauty and personal care industries throughout EMEA, thanks to this strategic integration.
Commitment to Innovation
CEO Nick Whitley expressed his enthusiasm for this acquisition, highlighting it as a crucial milestone in kdc/one’s expansion journey. Whitley pointed out that the company has always strived to be at the forefront of innovation, creativity, and excellent customer service within the beauty sector. This acquisition reinforces that commitment, promising to enhance kdc/one’s service offerings and overall industry presence.
Source: Cosmeticsbusiness