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Food News


THIS SECTION IS FOR NEWS AND INTERESTING STORIES RELATED TO FOOD, NUTRITION AND FOOD PROCESSING. THEY ARE NOT NECESSARILY RELATED TO KOSHER BUT MAY BE OF INTEREST TO THE KOSHER CONSUMER, MANUFACTURER OR MASHGIACH.

Hain Celestial sells off its Pure Protein Corporation

July 1, 2019 - from New Hope Network:

The Hain Celestial Group Inc., a leading organic and natural products company, on Monday announced it has completed the sale of Hain Pure Protein to Aterian Investment Partners.

"Pure Protein, which includes the FreeBird and Empire Kosher chicken businesses, sold for $80 million. The company announced on May 9 that an agreement had been reached regarding the sale, and that the closing was expected before the end of the 2019 fiscal year, which was June 29. "

Hain-Celestial has sold Empire Kosher Poultry to Aterian Investment Partners III LP

May 7, 2019 - from FoodDive and Hain-Celestial:

"Hain Celestial is selling Hain Pure Protein Corporation to private equity firm Aterian Investment Partners III LP for $80 million. The deal will close before the end of the fiscal year on June 30 and includes brands like Empire Kosher and FreeBird."
"The transaction is expected to close before June 30, 2019, the end of the Company's fiscal year."

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