Helen Of Troy Snags Kaz For $260M Cash

Law360, New York (December 9, 2010, 6:48 PM EST) -- Personal care products maker Helen of Troy Ltd. said on Thursday it had struck a deal to acquire Kaz Inc., manufacturer of a range of home and health care products, for $260 million in cash.

Helen of Troy said it expected to close the acquisition by the end of the year pending regulatory approval and closing financing for the transaction.

Helen of Troy CEO Gerald Rubin predicted the deal would generate combined annual net sales of at least $1.1 billion in fiscal year 2012, and said...
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