Formes de Luxe

the luxury packaging magazine

Formes de Luxe

KDC/One snaps up Alkos Group


    KDC/One snaps up Alkos Group

    Consolidation among cosmetic formulators continues apace. Knowlton Development Corporation (KDC/One) has acquired Alkos Group, 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.

    Alissa Demorest

    Latest News from Formes de Luxe

    SUBSCRIBE TO Formes de Luxe

    March 2019 - N°129 May 2019 - N°130 July 2019 - N°131