12.12.17
Knowlton Development Corporation (KDC), a leading contract manufacturer of health and beauty-care products based in Québec, announces the acquisition of Northern Labs, Inc., a full-service liquid product contract manufacturer serving the world’s leading CPG and OTC companies for over 70 years.
The transaction is being financed by the private equity firm Novacap, in partnership with La Caisse de dépôt et placement du Québec, the Fonds de solidarité FTQ, Investissement Québec, Export Development Canada, Fondaction CSN and other institutional partners.
Centrally located in Wisconsin, Northern Labs employs more than 200 full-time employees in state-of-the-art facilities totaling over 275,000 square feet. Its offering includes turnkey manufacturing solutions for large fill and unique package types, QA/QC services and regulatory services. While KDC is active in many personal care categories such as deodorants, hair care, bath and body, and skin care products, Northern Labs represents a significant opportunity in the categories of home, laundry and automotive care, as well as industrial products.
The transaction is being financed by the private equity firm Novacap, in partnership with La Caisse de dépôt et placement du Québec, the Fonds de solidarité FTQ, Investissement Québec, Export Development Canada, Fondaction CSN and other institutional partners.
Centrally located in Wisconsin, Northern Labs employs more than 200 full-time employees in state-of-the-art facilities totaling over 275,000 square feet. Its offering includes turnkey manufacturing solutions for large fill and unique package types, QA/QC services and regulatory services. While KDC is active in many personal care categories such as deodorants, hair care, bath and body, and skin care products, Northern Labs represents a significant opportunity in the categories of home, laundry and automotive care, as well as industrial products.