US-based Helen of Troy Limited, designer and marketer of private label personal care and household consumer products, has completed the acquisition of Kaz Inc. – a health care and home environment consumer solutions provider.
Gerald J. Rubin, Chairman, Chief Executive Officer and President, stated, “We are very pleased to announce the closing of the acquisition and welcome the management and employees of Kaz to Helen of Troy. Through the addition of Kaz, Helen of Troy will continue to pursue our goal of being a world class organisation dedicated to serving our consumers in meeting their everyday needs. These are exciting times for Helen of Troy and we look forward to building on our traditions of success for many years to come.”
Kaz markets its products to leading retailers under a variety of brand names, including Vicks and Braun under license from The Procter & Gamble Company, Honeywell under license from Honeywell, and Stinger, Softheat and Kaz, owned by Kaz Inc. Product categories include vaporisers, humidifiers, digital, infrared and non-invasive thermometers, blood pressure monitors, hot/cold health care therapy, air purifiers, seasonal humidifiers, heaters, fans and dehumidifiers, and lawn and garden products. Kaz products are sold in the United States and throughout the world.
Posted on: 7.1.2011