.
MergerLinks Header Logo

New Deal


Announced

Completed

Cornell Capital-backed KDC completed the acquisition of Zobele Group from DH Private Equity Partners.

Financials

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

Tags

Edit

Italy

fmcg

personal care

Majority

Friendly

Acquisition

Private Equity

Personal Products

Private

chemicals

pest control

Single Bidder

Completed

Disposal

Cross Border

Synopsis

Edit

Private equity firm Cornell Capital-backed Knowlton Development, a provider of custom formulation and manufacturing solutions for beauty, personal care, and household brands, completed the acquisition of Zobele Group, a manufacturer of home and air care products, from DH Private Equity Partners, a private equity firm. Financial terms were not disclosed. "We are excited to announce this transformative combination with KDC/ONE. We look forward to collaborating with KDC/ONE to provide best-in-class services and high-quality products to our customers. Together with KDC/ONE, we are confident that we will be able to advance our shared goal of creating cutting-edge products and technologies at scale while using the best of our combined industrial footprint," Roberto Schianchi, Zobele CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US