Cornell Capital-backed KDC/ONE completed the acquisition of Benchmark Cosmetic Laboratories.

Cornell Capital-backed Knowlton Development, which provides personal care and household products, completed the acquisition of Benchmark Cosmetic Laboratories, a custom formulator for established and emerging prestige beauty brands. Financial terms were not disclosed. "Benchmark's capabilities naturally complement KDC/ONE's Innovation Lab, and its strong reputation for service and invention matches our own dedication to high-touch development and speed-to-market efficiency," Nicholas Whitley, KDC/ONE President, and CEO.