date:May 07, 2013
The shopping spree continues for the Hain Celestial Group, Inc., who announced May 2 the latest in a string of strategic acquisitions. The company has purchased Ellas Kitchen Group, Ltd., a maker of organic baby food with 80 products offered in the United Kingdom, the United States and Scandinavia. Financial terms of the transaction were not disclosed.
The purchase poises Hain Celestial to expand its global presence in the category. Ellas Kitchen generated approximately $70 million in sales in