By  on November 8, 2018

Beauty innovator Knowlton Development Corp. might be expanding overseas: The private investment firm Cornell Capital revealed the acquisition of the Canadian beauty manufacturer on Thursday in a bid to go international.

The firm, which manages about $2.5 billion in assets, will acquire KDC for an undisclosed amount. Cornell, which recently partnered with hairstylist and entrepreneur Frédéric Fekkai to acquire Fekkai Brands, said it plans to expand KDC beyond North America, particularly in parts of Asia and Europe.

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