Knowlton Development completed the acquisition of EMEA operations business from Maesa.

Knowlton Development, a personal care and household products provider, completed the acquisition of EMEA operations business from Maesa, a disruptor in beauty and personal care segment. Financial terms were not disclosed. "Maesa EMEA is an important part of Maesa's origin story, and it became a leading partner for make-up and fragrance brands across Europe and the Middle East. Our EMEA team accelerated this incredible business, and we believe kdc/one is the right partner to support this team's next chapter of growth. We expect the combination to further strengthen their ability to deliver exceptional and innovative solutions to customers. We sincerely thank the team for their valuable contributions over the years and wish them great success in the future," Piyush Jain, Maesa CEO.