July 16, 2019
Weil is advising Cornell Capital LLC and its portfolio company, Knowlton Development Corporation (KDC/ONE), a leading value-added partner to beauty, health and personal care brands, in KDC/ONE’s acquisition of the manufacturing business and associated assets of Swallowfield plc, a business engaged in the development, formulation and production of quality products for many of the world's leading personal care and beauty brands. Following the transaction, Swallowfield plc will retain the owned brands division under the ownership of the PLC and will now be based in Teddington. It is expected that the group will change its name to Brand Architekts Group plc. The transaction is expected to close in August 2019, subject to customary closing conditions.
The Weil team advising Cornell is led by Private Equity partners Michael Francies and Christopher Machera and includes Private Equity associates Lewis Blakey and Tom Cox. The team also includes Banking & Finance partner Andrew Colao; Tax partners Oliver Walker and Mark Schwed; Environmental Head Annemargaret Connolly; Employment Counsel Ivor Gwilliams; Banking & Finance associates Jacqueline Oveissi and Conor O’Muiri (Not Yet Admitted in New York); Technology & IP Transactions associate Briony Pollard; Tax associates Ellie Marques and Eithne Bloice-Sanders; and Real Estate associates Laura Murray and Victoria Lloyd.