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.
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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HCT 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.”
