USA: Hain Celestial to sell business outside North America
Hain Celestial, the health and wellness company, has entered into a definitive agreement to sell the majority of its business outside North America to global private equity firm Aurelius for an estimated $323 million in cash. Net proceeds from the transaction are expected to range between $305 million and $310 million, which the company plans […]
USA: Hain Celestial sells North American snacks business to Snackruptors
Hain Celestial, the US organic and natural products company, has agreed to sell its North American snacks business to Canadian manufacturer Snackruptors for $115 million. The transaction includes the divestment of major brands such as Garden Veggie Snacks, Terra and Garden of Eatin’. The deal is part of Hain Celestial’s broader strategy to simplify its […]
USA: Hain Celestial opens new innovation centre
US natural and organic products company Hain Celestial has announced the opening of an Innovation Experience Center (IEC) in Hoboken, New Jersey in a bid to further develop its food, drinks and personal care brands. The new centre, which features a 2,200 sq m working kitchen intended as “a hub for hands-on creativity and sensory exploration”, is […]
USA: Hain Celestial sells ParmCrisps brand to Our Home
Hain Celestial, the natural foods firm, has announced that it has completed the sale of its ParmCrisps brand to Our Home, a US-based snack company. Founded in 2017, ParmCrisps is known for its high-protein, low-carbohydrate cheese crisps and snack mixes. Commenting on the move, Hain Celestial group president and CEO Wendy Davidson said: “By divesting […]
USA: J&J Snack Foods acquires Thinsters biscuit brand
American snack manufacturer J&J Snack Foods has announced the acquisition of the Thinsters biscuit brand from Hain Celestial, an organic and natural products company. Thinsters are described as thin, bite-size cookies that are oven-baked with real butter and real sugar. The Hain Celestial Group, which itself acquired Thinsters in 2021 along with That’s How We […]
USA: Hain Celestial to acquire That’s How We Roll brands
Hain Celestial, a North American organic and natural products company, has announced that it has entered into an agreement to acquire That’s How We Roll brands, ParmCrisps and Thinsters, for approximately $259 million. ParmCrisps and Thinsters are better-for-you brands made of simple ingredients. While ParmCrisps are high-protein, low-carb cheese crisps and snack mixes, Thinsters are […]
USA: Hain Celestial divests Arrowhead Mills and SunSpire brands
North American natural and organic foods firm Hain Celestial has announced the latest in a series of divestments with the sale of the Arrowhead Mills and SunSpire brands to Hometown Food, a wholly-owned portfolio company of Brynwood Partners VII and Brynwood Partners VIII, for $15 million. The Arrowhead Foods lineup includes baking mixes, breakfast cereal, flour, pancakes, […]
USA: Hain Celestial sells Tilda rice brand to Ebro Foods
Hain Celestial, the natural foods firm, has announced it has agreed a deal to sell its Tilda brand of basmati and speciality rice to the Spanish consumer goods firm Ebro Foods for $342 million in cash. The firm said it was planning to use a portion of the sale proceeds to pay down debt, and […]
USA: Hain Celestial agrees to sell Hain Pure Protein
Hain Celestial, a North American organic and natural products company, has announced that it has entered into a definitive agreement to sell all of its equity interest in Hain Pure Protein Corporation, which includes the FreeBird and Empire Kosher businesses, to investment fund Aterian Investment Partners for $80 million. Empire Kosher is a brand of […]
USA: Hain Celestial sells WestSoy plant-based protein business
Hain Celestial, an organic and natural products company with operations in North America, Europe, Asia and the Middle East, has announced that it has completed the divestiture of its WestSoy tofu, seitan and tempeh businesses to Keystone Natural Holdings, a portfolio company of Keystone Capital focusing on plant based food, for an undisclosed sum. Commenting […]