Hain Celestial Sells International Business to Aurelius for $323 Million
Hain Celestial (NASDAQ: HAIN) has agreed to sell its international business unit to private equity firm Aurelius in a cash deal valued at approximately $323 million. The transaction is part of the company's strategic review initiated by its board, aimed at streamlining operations and focusing on core markets. The sale reflects Hain Celestial’s ongoing efforts to restructure and optimize its global footprint following years of financial challenges and leadership changes. Aurelius, known for acquiring and revitalizing businesses in various sectors, is expected to take over the international arm, which includes operations outside North America.
Tickers: $HAIN
Topics: M&A Private Equity Strategic Review