Colgate-Palmolive Company (NYSE:CL) agreed to acquire Hello Products LLC on January 23, 2020. The transaction will be financed with a combination of cash and debt. Hello Products LLC will continue to be led by founder Craig Dubitsky and Lauri Kien Kotcher, Chief Executive Officer. The transaction is expected to close no later than February 2020. The acquisition is expected to be flat to a penny dilutive to 2020 diluted earnings per share. Wachtell, Lipton, Rosen & Katz acted as legal advisor to Colgate-Palmolive Company. Zukerman Gore Brandeis & Crossman acted as legal advisor and Piper Sandler acted as financial advisor to Hello Products LLC. BDO Capital Advisors, LLC acted financial advisor to Hello Products LLC. Colgate-Palmolive Company (NYSE:CL) completed the acquisition of Hello Products LLC for approximately $350 million on January 31, 2020.