KDC/ONE to acquire Swallowfield

The deal, expected to close in August, is worth around £35m ($44m)

Canada-based Knowlton Development Corporation (KDC/ONE) has entered a conditional agreement to acquire Swallowfield, a UK-based personal-care and beauty products manufacturer, in a deal worth around £35m ($44m).

The deal—expected to close in August—is subject to adjustment for the working capital...

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