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Slide #24. The Hain Celestial Group, Inc. — Tilda Limited
The Hain Celestial Group, Inc. (NASDAQ:HAIN)
The Hain Celestial Group, Inc., a leading organic and natural products company providing consumers with A Healthier Way of Life, announced the acquisition of Tilda Limited ("Tilda"), a leading premium 100% branded Basmati and specialty rice products company. The Tilda brand offers a range of over 60 dry rice and ready-to-heat branded products under the names Tilda Akash Basmati and Abu Shmagh to consumers in over 40 countries, principally in the United Kingdom, the Middle East and North Africa ("MENA"), Continental Europe, North America and India. In calendar year 2013, Tilda generated approximately $190 million in net sales and is expected to be accretive to Hain Celestial's adjusted earnings in the second half of fiscal year 2014 by $0.06 to $0.10 per diluted share.
Hain Celestial Group manufactures, markets, distributes and sells organic and natural products. Co. sells products in the following categories: Tea, which include varieties of herbal, green, black, wellness, rooibos and chai tea; Snacks, which include a variety of potato, root vegetable and other vegetable chips, straws, tortilla chips, whole grain chips, pita chips and puffs; Personal care, which cover a variety of personal care categories including skin, hair and oral care, deodorants, baby care items, body washes, sunscreens and lotions; and Grocery, which include infant formula, infant, toddler and kids' foods, plant-based beverages and frozen desserts, and condiments.
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Buy (3.40 out of 4)