Hain Celestial Agrees to Sell International Business for $323 Million
News related to:Hain Celestial · 2 min read
HOBOKEN, N.J., Sept. 14, 2026 /CourierPR/ -- Hain Celestial, a leading global health and wellness company, has entered into a definitive agreement to sell its International business to the global private equity firm AURELIUS for an estimated $323 million in cash. The transaction, which is expected to close in Hain Celestial’s fiscal second quarter ending December 31, 2026, is part of the company’s ongoing strategic review aimed at simplifying its portfolio and reducing debt.
According to Alison Lewis, Hain Celestial’s President and CEO, the sale will enable the company to focus its resources on further reducing its debt and aligning its cost structure with the scale of its North American business.
The International business to be sold includes a range of popular brands such as Ella's Kitchen® baby and kids foods, Joya® and Natumi® plant-based beverages, Hartley’s® jelly, as well as Linda McCartney® Foods, Cully & Sully®, Yorkshire Provender®, and New Covent Garden® soups. These brands will be transferred to AURELIUS, a global private equity firm, under the new ownership.
The sale is subject to certain conditions, including regulatory approvals and an amendment to Hain Celestial’s credit agreement to extend the maturity date beyond December 22, 2026. The transaction is expected to generate net proceeds ranging between $305 million and $310 million, which will be used to reduce the company’s debt.
Hain Celestial’s remaining portfolio in North America will include leading brands such as Celestial Seasonings® teas, The Greek Gods® yogurt, Earth's Best® Organic, and other well-known products. The company is also focused on executing cost reduction plans, which are expected to generate approximately $16 million of annualized savings by the end of fiscal 2026.
The Board of Directors has unanimously approved the transaction, and the company remains in discussions with its lenders regarding an amendment to its credit agreement to extend the maturity date. The transaction is expected to close in Hain Celestial’s fiscal second quarter, subject to the satisfaction of all conditions.
The company will discuss the proposed transaction during its Q4 2026 earnings conference call, which is scheduled for later today. Hain Celestial continues to focus on simplifying its organization and executing a plan to align its cost structure with the scale of its future North American business.