OLIVE & JUNE $240M ACQUISITION
Helen of Troy ($HELE) ANNOUNCES ACQUISITION OF OLIVE & JUNE
Yesterday Helen & Troy, a $1.5B public company announced its acquisition of nail care brand Olive & June for $240m.
Helen & Troy is a conglomerate that owns brands like Hydro Flask, Drybar, & Revlon & has faced slowing sales recently. Olive & June is expected to be accretive to growth, profitability, and cash flow immediately.
This feels super positive t…
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