Helen of Troy Limited (Nasdaq: HELE), designer, developer and worldwide marketer of brand-name personal care and household consumer products, has announced that it has completed the acquisition of Kaz, Inc.

Based in Southborough, Massachusetts, Kaz is a provider of health care and home environment consumer products. Kaz markets its products to 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 vaporizers, 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. Sales for the next twelve months ending December 31, 2011 are expected to exceed $400 million. The acquisition is expected to be accretive to Helen of Troy’s earnings per share in fiscal year 2012 ending February 29, 2012.

Gerald J. Rubin, chairman, CEO and president, states, “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 organization 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.”

Helen of Troy Limited is a designer, producer and global marketer of a strong portfolio of brand-name household and personal care consumer products. The company’s personal care products are sold to consumers by mass merchandisers, drug chains, specialty retailers, warehouse clubs and grocery stores under Helen of Troy’s owned brands including Infusium 23, Brut, Pro Beauty Tools, Pert Plus, Sure, Vitalis, Final Net, Ammens, Condition 3-in-1, and SkinMilk. Products are also sold under licensed trademarks including Vidal Sassoon, licensed from The Procter & Gamble Company, Revlon, licensed from Revlon Consumer Products Corporation, and Dr. Scholl’s, licensed from Schering-Plough HealthCare Products, Inc.