Knowlton Development Corporation (kdc/one), a custom formulation, packaging design and manufacturing solutions provider has agreed to acquire Laffon, an Italian make-up packaging company.
This move follows kdc/one’s acquisition of HCT Group in 2020 and underscores its commitment to meeting the evolving needs of the cosmetics industry, particularly in offering regionalised and sustainable packaging solutions.
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Laffon operates an automated production facility in the north of Milan, where it manufactures make-up packaging.
The facility is equipped for injection moulding, decoration, assembly of components, and advanced printing techniques.
The integration of Laffon within kdc/one’s portfolio is expected to provide customers with a comprehensive, agile service offering in Europe.
The deal will enable kdc/one to better serve the changing customer demands for partners with regionalised capabilities.
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By GlobalDataHCT by kdc/one sales and innovation president Denis Maurin said: “We are thrilled to extend our manufacturing capabilities to Europe and look forward to welcoming the talented Laffon team to the kdc/one family.
“The addition of Laffon to our business means we can now provide our cosmetics clients with a comprehensive, regional end-to-end solution in Europe, enhancing the agility of our services. Moreover, Laffon aligns perfectly with our commitment to offering highly sustainable packaging solutions.”
Both companies have a history of investing in sustainable packaging innovations, aiming to reduce the environmental impact of their operations and products.
HCT by kdc/one creates recyclable packaging and promotes the use of recycled plastics, bioplastics, and refillable solutions.
Laffon also prioritises eco-friendly practices, including the assessment of material life cycles and the use of the most energy-efficient machines available.
Laffon managing director Luca Rossi said: “We are excited to become part of the kdc/one family. This is an ideal move for both parties, as we merge our best-in-class packaging capabilities in the cosmetics industry with kdc/one’s comprehensive service offering to the beauty sector.”
