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 Italian-based Laffon S.r.l., a specialist in makeup packaging manufacturing.WHO: Laffon S.r.l. provides packaging solutions for a wide array of cosmetic products, such as foundation, blush, and eyeshadow. Founded in 1982 and active for over 35 years in the cosmetics packaging sector, Laffon has made innovative design, combined with technical and production skills, the key to its success. Laffon's manufacturing operations are located in Venegono Inferiore, near Milan, Italy. Laffon's technical and automated production facility specializes in injection molding, decoration, assembly of components, and digital and screen printing.Headquartered in Longueuil, Québec, Canada, kdc/one is a trusted global provider of value-added solutions to many of the world's leading brands in the beauty, personal care, and home care categories. The company partners closely with both industry-leading consumer products companies and fast-growing independent brands in the ideation, formulation, design, packaging, and manufacturing of products. The innovative products that kdc/one has helped to develop are sold by its brand partners in more than 70 countries worldwide.WHY: This acquisition further strengthens kdc/one's packaging capabilities, building on the company's purchase of HCT Group in 2020. This strategic move enables kdc/one to better meet the rapidly evolving market demands of customers looking for partners with regionalized capabilities.