Hain Celestial, a prominent health and wellness company headquartered in Hoboken, announced a definitive agreement Monday to sell its international business operations to the global private equity firm AURELIUS for an estimated $323 million in cash.
The strategic move is designed to simplify the company’s organizational portfolio and allow leadership to concentrate entirely on its core North American market. According to the company, net proceeds from the transaction—expected to fall between $305 million and $310 million—will be directed straight toward reducing corporate debt.
The international divestiture spans a wide array of popular overseas brands, including Ella’s Kitchen baby and kids foods, Linda McCartney Foods, Hartley’s jelly, and New Covent Garden soups.
Once the transaction closes, Hain Celestial’s streamlined North American portfolio will feature flagship brands such as:
- Celestial Seasonings teas
- The Greek Gods yogurt
- Earth’s Best Organic baby and kids foods
- Spectrum Organic cooking oils
- MaraNatha nut beurtes
- Imagine broths
“Completing the transaction announced today would advance our strategy to simplify our portfolio and enable us to focus our resources on further reducing the Company’s debt,” Alison Lewis, Hain Celestial’s president and CEO, said in a statement.
Alongside the sale, the Hoboken-based company is moving swiftly to align its internal cost structure with the scale of its future North American business. Management anticipates implementing cost-reduction initiatives that will generate approximately $16 million in annualized savings on a run-rate basis compared to fiscal 2026.
Hain Celestial is also actively engaged in discussions with lenders to secure an amendment extending its credit agreement maturity date beyond December 22, 2026. Securing this agreement within 30 days is a closing condition for the sale to AURELIUS.
Subject to regulatory approvals and the finalized credit amendment, the transaction is expected to close during Hain Celestial’s fiscal second quarter, which ends on Dec. 31. Goldman Sachs is serving as the company’s financial advisor, with DLA Piper’s London team providing legal counsel.
