Hain Celestial to Sell International Business to Aurelius for About $323 Million

Published Sep 14, 10:47 AM UTC

Hain Celestial, a U.S. company specializing in natural and organic food and personal care products, has announced the sale of its international business division to European investment group Aurelius for approximately $323 million. The transaction involves the divestiture of Hain Celestial's operations outside of North America, including its brands and distribution networks in Europe and other international markets. The sale is part of Hain Celestial's strategic shift to focus on its core North American business and streamline its portfolio. Aurelius, a European investment firm, will acquire the division, which includes a range of natural and organic products. The deal is expected to close pending regulatory approvals and customary closing conditions. The $323 million price tag reflects the value of the international division's assets and market position. This move allows Hain Celestial to reduce debt and concentrate resources on its domestic operations, while Aurelius gains a foothold in the natural and organic food sector internationally.

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