The Firm is representing KKR in connection with its strategic investment in Knowlton Development Corporation (“kdc/one”). KKR joins Cornell Capital, who will remain kdc/one’s largest shareholder, and the rest of the existing investor group, including CDPQ, who will remain in place as owners of kdc/one. Financial terms were not disclosed.~~kdc/one is a provider to many of the world’s leading brands in the beauty, personal care, and home care categories, and offers a networked value-chain in the ideation, formulation, design, packaging and manufacturing of products for more than 1,000 brands across an expansive array of categories.~~The Simpson Thacher team includes Marni Lerner, Johanna Mayer and Eduard Popov (M&A); Marcy Geller and William Smolinski (Tax); Tristan Brown and Ryan Kenny (ECEB); Bobbie Burrows and Suyoung Jang (IP); Peter Guryan and Kelly Karapetyan (Antitrust); and Toby Chun and Deepa Sarkar (Environmental).