Tom's of Maine

kgsilvas · 03-21-2006, 10:21 AM

Colgate Buying Control of Tom's of Maine Consumer products maker Colgate-Palmolive Co. said Tuesday it agreed to purchase control of the privately-held Tom's of Maine, which makes "natural" toothpaste and other personal care products, for $100 million in cash.

The deal reflects Colgate's strategy of focusing on the higher-margin oral and personal care businesses.

Colgate said the deal for 84 percent of Tom's is expected to close in the second quarter. The Chappell family that founded Tom's of Maine will keep a 16 percent stake in the company. Colgate will have additional share purchase opportunities over the coming years.

The U.S. market for "natural" oral and personal care products is valued at $3 billion and is growing at 15 percent per year, Colgate said.

Tom's of Maine, founded in 1970 by Tom and Kate Chappell, pioneered natural toothpaste, mouthwash, and deodorant, and is a leading oral care brand in its category. Reuben Mark, Colgate's chairman and CEO, said Tom Chappell will stay on to lead the company, which will remain based in Kennebunk, Maine.

Colgate, which makes Colgate toothpaste,Palmolive dishwashing liquid, Mennen deodorant and Irish Spring soap, expects the acquisition to be neutral to its 2006 profits and increasingly positive each year thereafter.

Colgate shares rose 60 cents to $57.60 in morning trading on the New York Stock Exchange. Link
~~~~~~~~~~~~~~~~~~~
No!!!!! I love Tom's of Maine and Colgate will probably screw it up!

nickel · 03-21-2006, 10:42 AM

Quote:

Originally Posted by kgsilvas

Colgate Buying Control of Tom's of Maine Consumer products maker Colgate-Palmolive Co. said Tuesday it agreed to purchase control of the privately-held Tom's of Maine, which makes "natural" toothpaste and other personal care products, for $100 million in cash.

The deal reflects Colgate's strategy of focusing on the higher-margin oral and personal care businesses.

Colgate said the deal for 84 percent of Tom's is expected to close in the second quarter. The Chappell family that founded Tom's of Maine will keep a 16 percent stake in the company. Colgate will have additional share purchase opportunities over the coming years.

The U.S. market for "natural" oral and personal care products is valued at $3 billion and is growing at 15 percent per year, Colgate said.

Tom's of Maine, founded in 1970 by Tom and Kate Chappell, pioneered natural toothpaste, mouthwash, and deodorant, and is a leading oral care brand in its category. Reuben Mark, Colgate's chairman and CEO, said Tom Chappell will stay on to lead the company, which will remain based in Kennebunk, Maine.

Colgate, which makes Colgate toothpaste,Palmolive dishwashing liquid, Mennen deodorant and Irish Spring soap, expects the acquisition to be neutral to its 2006 profits and increasingly positive each year thereafter.

Colgate shares rose 60 cents to $57.60 in morning trading on the New York Stock Exchange. Link
~~~~~~~~~~~~~~~~~~~
No!!!!! I love Tom's of Maine and Colgate will probably screw it up!

i don't know that they will screw it up. i'll bet the formulas and packaging won't change since Tom's name is so recognized. if i were them though i would take Tom's toothpaste and remove the sodium lauryl sulfate which can irritate mucosal surfaces and lead to canker sores. that would make Tom's even more "natural".

still good toothpaste though. good choice kgsilvas.

ShawnLee · 03-21-2006, 10:57 AM

The fact that Tom Chappell stays on is plenty good news for the company, that's all that's really needed.

This sounds like good business on both their parts.

ialsohaveadream · 03-21-2006, 05:14 PM

Quote:

Originally Posted by nickel

i don't know that they will screw it up. i'll bet the formulas and packaging won't change since Tom's name is so recognized. if i were them though i would take Tom's toothpaste and remove the sodium lauryl sulfate which can irritate mucosal surfaces and lead to canker sores.

I love when you talk dental to me.

nickel · 03-21-2006, 05:25 PM

Quote:

Originally Posted by ialsohaveadream

I love when you talk dental to me.

you just like that word . . . mucosal.

blueindian · 03-21-2006, 07:04 PM

that sucks. i've used tom's for years and years, but i don't buy prouducts from colgate since they will not announce a full ban on cosemtic and consumer product animal testing.

bye bye tom's

nickel · 03-21-2006, 08:51 PM

Quote:

Originally Posted by blueindian

that sucks. i've used tom's for years and years, but i don't buy prouducts from colgate since they will not announce a full ban on cosemtic and consumer product animal testing.

bye bye tom's

i wasn't aware of that BI so i did a little investigating. it looks like there is hope.

Quote:

After extensive talks with PETA, Colgate-Palmolive, maker of Colgate and Ultra-Brite toothpastes, declared “a moratorium on all animal tests of its personal care products designed for adults and the ingredients used in these products.” Although Colgate excluded its oral care products from the moratorium, the company has now submitted a non-animal fluoride test to the FDA for consideration.

http://www.peta.org/Living/at-winter...oothpaste.html

brainsmile · 03-21-2006, 09:24 PM

I use Tom's for the kids

blueindian · 03-22-2006, 01:02 PM

Quote:

Originally Posted by nickel

i wasn't aware of that BI so i did a little investigating. it looks like there is hope.

http://www.peta.org/Living/at-winter...oothpaste.html

yeah, but that's only for adult hygeine products which they announced years ago. they also make ajax, murphy oil soap, etc and use animal testing in those products.

WhiskeyPapa · 03-22-2006, 01:57 PM

Don't worry. Tom's toothpaste will still taste like soggy sawdust.

ialsohaveadream · 03-22-2006, 04:41 PM

I prefer my toothpaste to taste like dry sawdust.

nickel · 03-23-2006, 08:12 AM

Quote:

Originally Posted by blueindian

yeah, but that's only for adult hygeine products which they announced years ago. they also make ajax, murphy oil soap, etc and use animal testing in those products.

why do they need to keep testing tried and true products like ajax, murphy oil soap? i don't get it.

blueindian · 03-23-2006, 11:45 AM

Quote:

Originally Posted by nickel

why do they need to keep testing tried and true products like ajax, murphy oil soap? i don't get it.

i doubt they test the old ones, but they test the new ones they create.

i don't get it either. they should make from a) stuff that has already been tested or b) stuff that is known to be non toxic.

03-21-2006, 10:21 AM	#1
kgsilvas Rear Admiral Lower Half Join Date: Apr 2005 Posts: 2,245	Tom's of Maine Colgate Buying Control of Tom's of Maine Consumer products maker Colgate-Palmolive Co. said Tuesday it agreed to purchase control of the privately-held Tom's of Maine, which makes "natural" toothpaste and other personal care products, for $100 million in cash. The deal reflects Colgate's strategy of focusing on the higher-margin oral and personal care businesses. Colgate said the deal for 84 percent of Tom's is expected to close in the second quarter. The Chappell family that founded Tom's of Maine will keep a 16 percent stake in the company. Colgate will have additional share purchase opportunities over the coming years. The U.S. market for "natural" oral and personal care products is valued at $3 billion and is growing at 15 percent per year, Colgate said. Tom's of Maine, founded in 1970 by Tom and Kate Chappell, pioneered natural toothpaste, mouthwash, and deodorant, and is a leading oral care brand in its category. Reuben Mark, Colgate's chairman and CEO, said Tom Chappell will stay on to lead the company, which will remain based in Kennebunk, Maine. Colgate, which makes Colgate toothpaste,Palmolive dishwashing liquid, Mennen deodorant and Irish Spring soap, expects the acquisition to be neutral to its 2006 profits and increasingly positive each year thereafter. Colgate shares rose 60 cents to $57.60 in morning trading on the New York Stock Exchange. Link ~~~~~~~~~~~~~~~~~~~ No!!!!! I love Tom's of Maine and Colgate will probably screw it up!

03-21-2006, 07:04 PM	#6
blueindian Vice Admiral Join Date: Sep 2002 Location: down in the ghetto Posts: 4,142	that sucks. i've used tom's for years and years, but i don't buy prouducts from colgate since they will not announce a full ban on cosemtic and consumer product animal testing. bye bye tom's __________________ yeah, pretty much we missed the boat on that one. but it's still here. get you some.

03-21-2006, 09:24 PM	#8
brainsmile Chief of Naval Operations Join Date: Jun 2000 Location: woah... why is welfareloser here with me so early in the morning and more importantly why am I wearing her clothes?!? Posts: 13,754	I use Tom's for the kids __________________ ********************************** DCM #1 (Founder) "Nobody beats Vitus Gerulaitis 18 times in a row." - Vitus Gerulaitis on beating Jimmy Connors after 17 failed attempts.

03-22-2006, 01:57 PM	#10
WhiskeyPapa Rear Admiral Upper Half Join Date: Jul 2000 Location: 45° 11' 35" North Latitude, 95° 8' 37" West Longitude Posts: 3,427	Don't worry. Tom's toothpaste will still taste like soggy sawdust. __________________

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03-22-2006, 04:41 PM	#11
ialsohaveadream Fleet Admiral Join Date: Feb 2004 Location: FL Posts: 8,077	I prefer my toothpaste to taste like dry sawdust.

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