KDC/ONE completed the merger with HCT Group.

Cornell Capital- and CDPQ-backed KDC/ONE, a provider of personal care and household products, completed the merger with HCT Group, a provider of full-service solutions in the design, engineering, manufacturing, formulation, filling and logistics of cosmetics products. Financial terms were not disclosed. "KDC/ONE and HCT have highly complementary business models and together will offer a unique solution to our world-class client base. The transaction will enable us to leverage adjacent customer relationships, geographic footprints and products. On behalf of my family and the entire company, I'm proud of all that we have accomplished and look forward to exploring synergies across both businesses for the benefit of customers and employees," Tim Thorpe, HCT CEO and President.