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  • PR Newswire

    KDC/ONE to Acquire Swallowfield's Manufacturing Business

    LONGUEUIL, Quebec, July 15, 2019 /PRNewswire/ -- Knowlton Development Corporation ("KDC/ONE"), a leading value-added partner to beauty, health and personal care brands, today announced that it has entered into a conditional agreement to acquire the Manufacturing business and associated assets of Swallowfield plc(SWL.L) ("Swallowfield" or the "Company"), a business engaged in the development, formulation and production of quality products for many of the world's leading personal care and beauty brands, for total cash consideration of approximately £35 million (approximately C$57 million), subject to adjustment for the working capital of the Manufacturing business at the date of completion.

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