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New Deal


Announced

Knowlton Development Corporation to acquire manufacturing business from Swallowfield for $43m.

Financials

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Transaction Value£35m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cosmetics

Pending

Friendly

Single Bidder

Majority

Private

personal care

United Kingdom

Acquisition

Cross Border

Synopsis

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Knowlton Development Corporation, a partner to beauty, health and personal care brands, agreed to acquire manufacturing business from Swallowfield, a business engaged in the development, formulation and production of quality products personal care and beauty brands, for $43m. "We believe that by joining a larger, focused entity, our manufacturing business will move forward with a clearer vision for the future while protecting the value of the business. We're excited the team will have access to world-class resources and a broader platform to continue to expand product lines and accelerate growth," Brendan Hynes, Swallowfield Chairman.

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