Beauty Packaging Staff11.05.19
Knowlton Development Corporation, a formulator, developer and manufacturer for the prestige beauty, health, personal care and household sectors, has acquired Benchmark Cosmetic Laboratories Inc., a custom formulator for established and emerging prestige beauty brands.
Benchmark partners with ingredient suppliers to identify and test new materials ahead of the market. The company is led by Susan Goldsberry, president of Benchmark, who founded the company in 2007 and works with a team of chemists. Goldsberry will continue as president of Benchmark under the KDC/One leadership.
Together, KDC/One and Benchmark will provide a multi-faceted approach that serves customers’ formulating and production needs. The acquisition of Benchmark underscores KDC/One’s dedication to origination and creativity across its network of 16 manufacturing sites for its brand partners, and will further solidify its position in the beauty, personal care and specialty areas.
“We welcome Benchmark into the KDC/One network as our new West Coast innovation hub, enhancing our ability to serve the innovation, research, development and testing needs of our clients. We share with Benchmark a strong commitment to bringing leading edge innovation to our brand partners and this combination will further increase our creative potential,” said Nicholas Whitley, president and CEO of KDC/One. “Benchmark’s capabilities naturally complement KDC/One’s Innovation Lab, and its strong reputation for service and invention matches our own dedication to high-touch development and speed-to-market efficiency.”
“I am thrilled to be joining KDC/One, which has a proven track record of innovation and delivering value added services to brands across the globe,” said Goldsberry. “We are excited that the Benchmark team will now have access to world-class resources and a broader beauty, health and personal care platform to leverage our innovation capabilities.”
Benchmark partners with ingredient suppliers to identify and test new materials ahead of the market. The company is led by Susan Goldsberry, president of Benchmark, who founded the company in 2007 and works with a team of chemists. Goldsberry will continue as president of Benchmark under the KDC/One leadership.
Together, KDC/One and Benchmark will provide a multi-faceted approach that serves customers’ formulating and production needs. The acquisition of Benchmark underscores KDC/One’s dedication to origination and creativity across its network of 16 manufacturing sites for its brand partners, and will further solidify its position in the beauty, personal care and specialty areas.
“We welcome Benchmark into the KDC/One network as our new West Coast innovation hub, enhancing our ability to serve the innovation, research, development and testing needs of our clients. We share with Benchmark a strong commitment to bringing leading edge innovation to our brand partners and this combination will further increase our creative potential,” said Nicholas Whitley, president and CEO of KDC/One. “Benchmark’s capabilities naturally complement KDC/One’s Innovation Lab, and its strong reputation for service and invention matches our own dedication to high-touch development and speed-to-market efficiency.”
“I am thrilled to be joining KDC/One, which has a proven track record of innovation and delivering value added services to brands across the globe,” said Goldsberry. “We are excited that the Benchmark team will now have access to world-class resources and a broader beauty, health and personal care platform to leverage our innovation capabilities.”
