Canada-based Knowlton Development Corporation, Inc. (KDC/One), a global leader in custom formulation, packaging design and manufacturing solutions for many of the world’s leading beauty, personal care and home care brands, has agreed to acquire Italy’s Laffon S.r.l., a specialist in make-up packaging manufacturing.
This acquisition further strengthens KDC/One ’s packaging capabilities, building on the company’s purchase of HCT Group in 2020.
Founded in 1982, Laffon has earned a strong reputation for its make-up packaging produced in its highly automated production facility located north of Milan, Italy. With this strategic move KDC/One aims to better meet the rapidly evolving market demands of customers who are increasingly looking for partners with regionalized capabilities.
"This strategic acquisition significantly enhances our ability to offer innovative packaging solutions, complementing our comprehensive full-service capabilities that include ideation, design, formulation development, and manufacturing," said Sandra Wisniewski, Global President Beauty and Personal Care.
"This acquisition marks a new chapter in HCT’s journey. We are thrilled to extend our manufacturing capabilities to Europe and look forward to welcoming the talented Laffon team to the KDC/One family," Denis Maurin, President of Sales and Innovation, HCT KDC/One.
"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," he added.
Laffon’s technical and automated production facility specializes in injection molding, decoration, and assembly of components, as well as digital and screen printing.
