Helen of Troy Completes Kaz Acquisition

EL PASO, Texas-Helen of Troy has closed its $260 million purchase of Kaz, thus marking the personal-care products giant's entry into the health-care and home-environment sectors.

The deal moves Kaz's lineup of vaporizers, humidifiers, thermometers, blood-pressure monitors, hot/cold health-care therapy products, air purifiers, heaters, fans, dehumidifiers and lawn-and-garden products under the Helen of Troy umbrella. Sales of Kaz's products are expected to reach $400 million for the 2011 calendar year, according to a statement from Helen of Troy.

Reiterating what was said in last month's statement announcing the acquisition, Gerald Rubin, Helen of Troy's chairman, president and chief executive officer, said the current Kaz management--led by CEO Julien Mininberg--and its employees will remain in their current posts.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.


Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN May digital issue


    May 2017

    COVER STORY: HFN Turns 90

    We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.


    • Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
    • Omnichannel Retailing - In the Mobile App World, Time is Money