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January 13, 2014
06:22 EDTHAINHain Celestial announces accretive acquisition of Tilda
The Hain Celestial Group announced the acquisition of Tilda. The Tilda brand offers a range of over 60 dry rice and ready-to-heat branded products under the names Tilda, Akash Basmati and Abu Shmagh to consumers in over 40 countries, principally in the United Kingdom, the Middle East and North Africa, Continental Europe, North America and India. In calendar year 2013, Tilda generated approximately $190M in net sales and is expected to be accretive to Hain Celestial's adjusted EPS in the second half of FY14 by 6c-10c per diluted share.
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