All4Labels has inaugurated its first-of-a-kind Center of Excellence (CoE) focused on fostering new ideas and knowledge among staff, customers, universities and start-ups. The opening ceremony took place on November 11, 2021, in Salerno, Italy, with representatives of the entire supply chain and the company's senior management in attendance. All4Labels, headquartered in
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(Reuters) - Buyout firm Cornell Capital is preparing a U.S. initial public offering (IPO) of Knowlton Development Corp (KDC), which could value the manufacturer and custom formulator of products for the beauty industry at more than $5 billion, according to people familiar with the matter.
Cornell Capital has hired Goldman Sachs Group Inc to lead KDC’s IPO, which may raise around $750 million and come later this year, the sources said, requesting anonymity as the matter is private.
The sources cautioned that the IPO plans are subject to market conditions. Cornell Capital and Goldman Sach declined to comment.
Exclusive: Beauty industry supplier Knowlton readies IPO â sources By Syndicated Content
By Joshua Franklin
(Reuters) - Buyout firm Cornell Capital is preparing a U.S. initial public offering (IPO) of Knowlton Development Corp (KDC), which could value the manufacturer and custom formulator of products for the beauty industry at more than $5 billion, according to people familiar with the matter.
Cornell Capital has hired Goldman Sachs Group Inc to lead KDC s IPO, which may raise around $750 million and come later this year, the sources said, requesting anonymity as the matter is private.
The sources cautioned that the IPO plans are subject to market conditions. Cornell Capital and Goldman Sach declined to comment.