Acquisition closed
Colgate-Palmolive acquires Tom's of Maine (2006)
Colgate-Palmolive completed the acquisition of Tom's of Maine on 1 May 2006 for $100 million.[1]
Colgate-Palmolive bought 84 per cent of Tom's of Maine for about $100 million, leaving the founders with the rest. Tom's had been built on natural ingredients and a refusal to test on animals, and the sale to a mass-market giant was contentious among the customers it had attracted on exactly those grounds.
Deal facts
- Announced
- Closed
- Value
- $100 million (equity value)
- Buyer
- Colgate-Palmolive
- Seller
- —
- Assets
- Tom's of Maine
- Regulatory review
- None recorded
Ownership changes recorded from this deal
| Owner | Owned | Relationship | Stake | From | To |
|---|---|---|---|---|---|
| Colgate-Palmolive | Tom's of Maine | owns | 100% | 2006-05-01 | present |
Who owns Tom's of Maine today?
- Tom's of Maine — owned by Colgate-Palmolive since 2006
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Colgate-Palmolive Company Form 8-K - acquisition of Tom's of Maine — SEC EDGAR, SEC Form 8-K, published 1 May 2006; retrieved 8 September 2026.
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