Knowlton Development completed the acquisition of ALKOS Group.

Knowlton Development, a value-added partner to beauty, health, and personal care brands, completed its acquisition of ALKOS Group, one of the top cosmetics manufacturers in France. Financial terms were not disclosed. "ALKOS Group has deep roots in the cosmetics sector, an excellent reputation for product quality and innovation, and a customer-focused vision that will provide KDC/ONE with strategic access to the European market and unique technologies that reinforces our position as a leader in prestige beauty. We look forward to working with the team at ALKOS, as well as our partners at Cornell Capital, to leverage the full product portfolio and further diversify our customer base to capitalize on a number of cross-selling opportunities and deliver tangible benefits to all of our stakeholders," Nicholas Whitley, KDC/ONE President and CEO.