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News Breaks
August 19, 2014
14:45 EDTHAINHain Nspired brand recalls certain nut butters due to Salmonella, Bloomberg says
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February 20, 2015
15:31 EDTHAINHain Celestial acquires health and beauty products maker Belvedere
Hain Celestial announced the acquisition of Belvedere International, a health and beauty care products maker. "We are excited by the acquisition of the Live Clean brand, which expands our presence in the personal care category and complements our Avalon Organics, Alba Botanica and JASON brands that we sell into Canada. This acquisition increases the scale of our Canadian operations to over $150M in net sales and provides us with opportunities for sales expansion and cost efficiencies as we leverage our existing infrastructure in Canada and our manufacturing and research and development expertise in personal care," said Hain CEO Irwin Simon. The Live Clean brand is the leading natural hair care and baby care brand in Canada. In calendar year 2014 Belvedere had approximately $25M in net sales and is expected to be accretive to Hain Celestial's earnings in fiscal year 2016.
February 17, 2015
07:15 EDTHAINConsumer Analyst Group of New York (CAGNY) to hold a conference
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