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New Deal


Announced

Completed

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

Financials

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

Tags

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Cross Border

Friendly

Cosmetics

Private Equity

Single Bidder

United States

cosmetic products

Majority

Acquisition

Private

Completed

Synopsis

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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.

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