Follow us: Luxe Packaging Insight – news & innovations on the luxury packaging market

KDC/One snaps up Alkos Group

Alissa Demorest

Related topics :

,
KDC/One snaps up Alkos Group

Consolidation among cosmetic formulators continues apace. Knowlton Development Corporation (KDC/One) has acquired Alkos Group, a French cosmetics manufacturer and specialist in hot-cast formulas that operates three entities: Alkos Cosmetics, Inter-Cosmetics and Sagal Cosmetics.

KDC/One, based in Quebec, is made up of a "network of manufacturers and designers of high-end formulas" in the cosmetics, personal-care and automotive markets, among others. Alkos provides the group with a solid position in France, where it owns three industrial sites.

According to former Alkos CEO Philippe Pavageau, who left the group in January 2019, 95% of the manufacturer's business comes from the sale of cosmetics formulas.

Following this acquisition, KDC/One group will have 13 sites in North America and in Europe. In terms of product innovation, this year Alkos presented ranges dedicated to the clean beauty trend.  

Editor's picks

Converting and finishing takes shape with BK’Art Group

Converting and finishing takes shape with BK’Art Group

BK’Art, a newly minted French artisanal group in the region of Cognac, is specialized in converting and finishing techniques. Following the acquisition of Cognac Emballages Services (co-packing and packaging decoration) in 2013 and[…]

08/28/2020 |
Piramal Glass up for sale

Piramal Glass up for sale

Rémy Cointreau to return to champagne with J. de Telmont acquisition

Rémy Cointreau to return to champagne with J. de Telmont acquisition

HCP looks to boost skincare offer with Pum-Tech Korea partnership

HCP looks to boost skincare offer with Pum-Tech Korea partnership

More articles