Hain Celestial acquires Ella's Kitchen.
Ella's Kitchen generated approximately $70 million in sales in calendar year 2012 and is expected to be accretive to Hain Celestial's earnings in fiscal year 2014. Details of the transaction were not disclosed.
Paul Lindley, founder of Ella's Kitchen, will become CEO of the new Global Infant, Toddler & Kids Division at Hain Celestial U.S., with responsibility for Hain Celestial's Earth's Best brand as well as the newly acquired Ella's Kitchen brand. Mr. Lindley will report to John Carroll, executive vice president and CEO, Hain Celestial U.S.
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||Industry News|
|Date:||Jun 1, 2013|
|Previous Article:||Symrise obtains [euro]125 million research loan.|
|Next Article:||Frutarom strengthens foothold in the African market.|