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Hain Celestial completes the sale of Plainville Farms

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LAKE SUCCESS, N.Y. — The Hain Celestial Group, a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life, Friday announced that it has completed the first step in its divestiture of the Hain Pure Protein operating segment with the sale of the Plainville

Farms business to Plainville Brands a Delaware limited liability company backed by a group of private investors.  Plainville Farms did not contribute to earnings or cash flow in fiscal year 2018.

With respect to the divestiture of the remainder of its Hain Pure Protein operating segment, the process remains ongoing and the Company continues to anticipate closing in the coming months.


ECRM_06-01-22


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