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April 30, 2004
By: TOM BRANNA
Editor
Helen of Troy Ltd., El Paso, TX, has entered into a definitive asset purchase agreement to acquire the business of OXO International from WKI Holding Company, Inc. for $275 million. The acquisition is expected to close in Helen of Troy-s fiscal second quarter.OXO sales in the next year are expected to exceed $100 million. Based in New York, OXO International is a world leader in providing innovative consumer products such as approximately 500 consumer product tools in several categories, includi...
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