Tom's of Maine

Tom's of Maine is a U.S. manufacturer of natural personal care products. Tom's of Maine has been a majority-owned subsidiary of Colgate-Palmolive since 2006. The company was founded in 1970 by Tom Chappell and Kate Chappell (née Cheney) in Maine, United States.

History
Tom's of Maine was founded by Tom and Kate Chappell in 1970 with a $5,000 loan, eventually growing into a $100 million business. The company is based in Kennebunk, Maine and is a subsidiary of the multinational conglomerate Colgate-Palmolive, as of 2006. Tom's of Maine has approximately 120 employees. The company also employs factories elsewhere in the US and Canada via contract to produce some of their products.

The company's products are sourced and derived from nature, with formulas that are free of artificial flavors, fragrances, colors, sweeteners, and preservatives. The products are not tested on animals, and the company claims that its ingredient processing is supportive of human and environmental health. While most of the company's products are vegan, some products contain propolis and/or beeswax sourced from bees.

Acquisition
In 2006, a controlling 84% stake in Tom's of Maine was purchased by Colgate-Palmolive for $100 million; the Chappells own the remaining sixteen percent. The acquisition was significant in getting more consumers to try Tom’s of Maine products.

The terms of the purchase stipulate that the policies and company culture of the Tom's of Maine brand will be retained.