Indeed, the company, which is based in Quebec, Canada, claims that its rapid expansion has made it the fastest growing independent personal care contract manufacturer in North America.
The move has also helped put the company in a better position to 'generate additional business' in a segment of the industry that is being increasingly utilized by big global players such as Procter & Gamble.
In line with its rapid expansion, the company has also announced the launch of its corporate website, www.kdc-companies.com - which details its core functions with respect to its manufacturing and logistics facilities.
Boosted by Tri Tech acquisition The company's significant growth in the past year was boosted by the acquisition of Virginia-based Tri Tech Laboratories back in January last year.
The acquisition by the Knowlton group saw the merger of its subsidiary LEK with Tri Tech to create a personal care contract manufacturing powerhouse.
"Adding Tri Tech Labs to our team further strengthens our ability to tailor solutions to a wide variety of personal care product companies," said Duncan Coopland vice-president of sales and business development for Knowlton.
"But equally important, it provides our business partners with even greater depth of service and R&D expertise since Tri Tech excels in the realm of lotions, surfactants, alcohol and anti-bacterial-based liquids," he added.
Further investment in hair coloring Following on from the merger of the two companies, the group also formed ItalHair in the spring of 2007 - a venture that links LEK's heritage in hair color with Italy-based player Hair Styling Applications.
The move aims to fill what the company terms 'an industry void' for quality non-traditional hair dye brands in the North American market.
The company said that in the year ahead it is expecting to continue its fast growth rate, indicating that further expansion, possibly through acquisitions should be on the cards.