HAIN CELESTIAL GROUP INC

The Hain Celestial Group, Inc.

At a glance

• Delaware corporation focused on health and wellness consumer packaged goods.
• Purpose: to inspire healthier living for people, communities, and the planet.
• Headquarters: Hoboken, New Jersey.
• Founded: 1993.
• Business model: Markets and sells a portfolio of CPG across beverages, yogurt, baby/kids foods, soups, and related categories worldwide.
• Reportable operating segments: North America and International. The Chief Operating Decision Maker (CEO/board) uses Adjusted EBITDA and net sales to assess segment performance and allocate resources.

Brands and product categories

• Beverages: Plant-based beverages (e.g., Joya, Natumi) and other beverage products.
• Yogurt: The Greek Gods.
• Baby and kids foods: Earth's Best Organic; Ella’s Kitchen.
• Teas and other beverages: Celestial Seasonings.
• Soups: Cully & Sully, Yorkshire Provender, New Covent Garden.
• Jelly: Hartley’s.
• The portfolio includes multiple well-known brands marketed globally.

Strategic actions and transactions (2025–2026)

• Portfolio review: In fiscal Q4 2025, the Board initiated a comprehensive portfolio review with an independent financial advisor.
• North American Snacks Transaction (completed February 27, 2026)
  • Sold the North American Snacks business (including Garden Veggie Snacks, Terra chips, Garden of Eatin’ snacks, and certain private label products).
  • Total purchase price: $115.0 million; cash received at closing: $111.2 million; net proceeds after holdback: approximately $101.1 million.
  • Use of proceeds: Net cash proceeds used to reduce indebtedness.
• International Business Transaction (agreements dated September 12, 2026)
  • Agreement with purchasers affiliated with Aurelius to acquire the International business (UK, Ireland, Europe), including Ella’s Kitchen, Joya, Natumi, Hartley’s, Cully & Sully, Yorkshire Provender, and New Covent Garden soups.
  • Gross sale price: £233.0 million plus a locked-box amount of approximately £5.5 million, totaling about £238.5 million (~$323.2 million).
  • Net cash proceeds (after expenses, taxes, and pre-closing distributions): expected between £225.1 million and £228.8 million (~$305.0 million to $310.0 million).
  • Use of proceeds: To reduce indebtedness.
  • Timing and conditions: Closing currently expected in the fiscal second quarter ending December 31, 2026; subject to customary regulatory approvals in the UK, Austria, Ireland, Germany, and Belgium, and an amendment to the company’s credit agreement by October 12, 2026 (to extend the maturity date by at least nine months). If the credit amendment is not obtained by that date, the purchasers may terminate the agreement.
  • The company is in active discussions with lenders to obtain the necessary credit amendment; the board believes extending the maturity and completing the transaction is in the best interests of the company and stakeholders.

Financial and performance metrics

• Segment performance is tracked using Adjusted EBITDA and net sales.

Operations and product development

• The company evaluates products for quality, taste, nutritional value, and cost, making improvements and discontinuing items as needed based on sales and other factors.

Summary

The Hain Celestial Group is a global health and wellness CPG company with a portfolio of well-known brands across beverages, yogurt, baby/kids foods, soups, and related categories. It operates two geographic segments (North America and International), has completed the sale of its North American Snacks business, and has an agreement to sell its International business to purchasers affiliated with Aurelius pending closing in late 2026. Proceeds from recent and planned transactions are intended to reduce indebtedness and optimize the portfolio.