Knowlton Development Corporation’s Acquisition Of ALKOS Group


Weil advised Cornell Capital in the acquisition by its portfolio company Knowlton Development Corporation (a/k/a KDC/ONE).

Knowlton Development Corporation (a/k/a KDC/ONE), is a contract developer, manufacturer and supplier of personal care and household products, of ALKOS Group, a manufacturer and distributor of make-up and cosmetic products, from Gérard Gieux, founder of ALKOS, and other shareholders. Financial terms of the transaction were not disclosed.

The Weil team that advised KDC/ONE was led by Private Equity partner Jean Beauchataud (Picture) and included Private Equity partner Christopher Machera and Private Equity associates Alexandra Stoicescu and Lise Laplaud; Banking & Finance partner Andrew Colao; Tax Partners Edouard de Lamy and Mark Schwed; Banking & Finance associates Jacqueline Oveissi and Conor O’Muiri (Not Yet Admitted in New York); and Tax associate Steven Ort.

Involved fees earner: Jean Beauchataud – Weil, Gotshal & Manges; Andrew Colao – Weil, Gotshal & Manges; Edouard de Lamy – Weil, Gotshal & Manges; Lise Laplaud – Weil, Gotshal & Manges; Christopher Machera – Weil, Gotshal & Manges; Steven Ort – Weil, Gotshal & Manges; Jacqueline Oveissi – Weil, Gotshal & Manges; Conor O’Muiri – Weil, Gotshal & Manges; Mark Schwed – Weil, Gotshal & Manges; Alexandra Stoicescu – Weil, Gotshal & Manges;

Law Firms: Weil, Gotshal & Manges;

Clients: Cornell Capital LLC;