Québec-based Knowlton Development Corporation (KDC), a contract manufacturer of health and beauty products, has announced the acquisition of Aromair Fine Fragrance Company, Inc.
Aromair, a company specializing in the home and air care categories, is based in New Albany, Ohio. According to KDC, this acquisition will help the company expand into the home care and air care categories.
Nicholas Whitley, president and CEO of KDC, stated, "We believe that the home care category offers a series of growth opportunities. We were particularly attracted to Aromair’s product quality and innovation and, most of all, its team of talented, highly skilled professionals. KDC and Aromair have very similar operating principles and business cultures, representing a strong alignment from the outset. We will welcome some of Aromair’s best practices into our business, while also exporting some of our best practices. The synergies from our alignment will bring tangible benefits to the combined network entity.”