kdc/one Acquires Aerofil Technology; KKR Makes Strategic Investment in kdc/one

kdc/one Acquires Barony Universal

October 1, 2025

Manufacturing

kdc/one (Knowlton Development Corporation, Inc.) has acquired the assets and certain liabilities of Barony Universal, the U.K.'s largest independent filler of personal care and household aerosol products. The acquisition expands kdc/one's European manufacturing footprint and aerosol capabilities, enabling broader product offerings and increased global reach for both companies.

kdc/one Acquires V Manufacturing & Logistics

October 12, 2021

Manufacturing

Knowlton Development Corporation (kdc/one) has acquired V Manufacturing & Logistics (VML), a California-based small-batch contract manufacturer specializing in beauty and personal care products. The strategic purchase expands kdc/one's West Coast manufacturing network and adds small-run formulation and personalized production capabilities to its end-to-end beauty, personal care and home care services.

Cornell Capital-Backed KDC/ONE to Merge with HCT Group

December 17, 2019

Manufacturing

KDC/ONE, a Cornell Capital-backed custom formulator and manufacturer, entered into a definitive agreement to combine with HCT Group to create an integrated global provider of manufacturing and packaging solutions for the beauty and personal care industry. The transaction brings together complementary capabilities in formulation, design, manufacturing, filling and logistics, with existing ownership (Cornell Capital, CDPQ, Investissement Québec, HarbourVest) reinvesting alongside HCT management; specific financial terms were not disclosed.

Gryphon Investors Acquires Kano Laboratories

November 19, 2020

Manufacturing

Gryphon Investors has acquired Kano Laboratories, the Nashville-based maker of Kroil and AeroKroil penetrating oils and lubricants. Gryphon said it will build a branded specialty chemicals platform around Kano, appointing Sevan Demirdogen as CEO and naming Mike Irwin as Executive Chairman; financial terms were not disclosed.

Cornell Capital-Backed KDC/ONE to Acquire Zobele Group

February 19, 2020

Consumer Products

KDC/ONE, a Cornell Capital-backed global contract manufacturer for beauty, personal care and household products, has agreed to acquire Zobele Group, an Italian-based innovator and manufacturer of home and air care products. The deal (financed with significant reinvestment from Cornell Capital and CDPQ) expands KDC/ONE’s global manufacturing footprint and capabilities; Zobele’s management and headquarters in Trento, Italy will remain in place.

ADB Companies Acquires KDC Wireless

October 17, 2022

Telecommunications

ADB Companies, LLC acquired the assets of KDC Wireless, Inc., adding KDC to ADB's Wireless Division to expand its Midwest (Kansas City) wireless construction and maintenance capabilities. The deal transfers ownership from KDC founders Dave and Kristin Campbell and supports ADB's buy-and-build strategy to grow its regional wireless presence.