We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Jun 21, 202410:24pm

Estée Lauder and Avon suppliers KDC and HCT to merge

The merger of the two beauty manufacturers and service providers is to create a one-stop shop for the industry that has a complete offer from packaging to other services.

Dec 18, 2019 — 5:50pm

Estée Lauder and Avon suppliers KDC and HCT to merge



A new beauty merge hits the cosmetics industry. The British beauty manufacturer Knowlton Development and the American HCT will merge with the aim of creating a vertical- integrated supplier for the industry, with product manufacturing to packaging. Terms of the deal were not disclosed.


KDC provides a range of services to beauty companies, including custom product formulations, and has grown through acquisitions over the past years. On the other hand, HCT also provides cosmetic services like packaging, filling and logistics to more than 400 brands worldwide.


“This transformative transaction will enhance how we serve beauty and personal-care brands around the world; our vertically integrated platform will offer the industry a true one-stop solution,” stated Nicolas Whitley, president and chief executive officer of KDC, in a press release.





KDC, founded in 2002, has been backed by private equity firm Cornell Capital since 2018. The company has acquired brands like Benchmark Cosmetic Laboratories, last November, and Swallowfield, last July.


HCT is headquartered in Santa Monica, California and it was founded in 1992. The company is owned by the founder family and works with more than 400 customers worldwide like Avon, Estée Lauder and LVMH, amongst others.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment