Announced
Completed
Financials
Tags
Italy
fmcg
personal care
Majority
Friendly
Acquisition
Private Equity
Personal Products
Private
chemicals
pest control
Single Bidder
Completed
Disposal
Cross Border
Synopsis
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.
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