1 month ago
The Hain Celestial Group, Inc. (NASDAQ:HAIN) announced on September 14 that it agreed to sell most international operations to AURELIUS for estimated cash consideration of $323 million. Expected net proceeds of $305 million to $310 million would repay debt and leave a business concentrated in North America.
The immediate hurdle is financing. The agreement, signed September 12, requires a credit-agreement amendment by October 12 extending the December 22, 2026 maturity by at least nine months. AURELIUS can terminate if that amendment is not secured by the deadline.
The Hain Celestial Group, Inc. (NASDAQ:HAIN) expects closing in its fiscal second quarter ending December 31, subject to lender agreement and regulatory approvals. The dollar consideration estimates also depend on exchange rates because the purchase price is denominated in sterling.
The transaction could materially reduce the debt burden. The Hain Celestial Group, Inc. (NASDAQ:HAIN) reported $558 million of total debt as of June 30. Subtracting the estimated net proceeds implies approximately $248 million to $253 million remaining, a calculation using rounded figures before subsequent borrowings, repayments, or other changes.
That reduction could lower interest expense and give management more room to stabilize the retained brands. The remaining portfolio includes Celestial Seasonings tea, The Greek Gods yogurt and Earth's Best baby and kids foods.
#december
The immediate hurdle is financing. The agreement, signed September 12, requires a credit-agreement amendment by October 12 extending the December 22, 2026 maturity by at least nine months. AURELIUS can terminate if that amendment is not secured by the deadline.
The Hain Celestial Group, Inc. (NASDAQ:HAIN) expects closing in its fiscal second quarter ending December 31, subject to lender agreement and regulatory approvals. The dollar consideration estimates also depend on exchange rates because the purchase price is denominated in sterling.
The transaction could materially reduce the debt burden. The Hain Celestial Group, Inc. (NASDAQ:HAIN) reported $558 million of total debt as of June 30. Subtracting the estimated net proceeds implies approximately $248 million to $253 million remaining, a calculation using rounded figures before subsequent borrowings, repayments, or other changes.
That reduction could lower interest expense and give management more room to stabilize the retained brands. The remaining portfolio includes Celestial Seasonings tea, The Greek Gods yogurt and Earth's Best baby and kids foods.
#december
1 month ago
Long-running speculation over the future of Hain Celestial's business in Europe has finally come to a head with the disposal to a private-equity investor.
Nasdaq-listed Hain Celestial said in a statement today (14 September) it has agreed the sale of its "international" operations to Aurelius for $323m in cash.
The divestment follows a review of Hain Celestial's portfolio instigated by president and CEO Alison Lewis last year, which already resulted in the sale of its North American snacks business in 2026 to Canada's Snackruptors for $115m in cash.
That disposal included the brands Garden Veggie Snacks, Terra chips and Garden of Eatin'.
Ella's Kitchen baby and kids foods, the Joya and Natumi plant-based beverage lines and Hartley's jelly are joining Aurelius.
#hain #garden #sale #long
Nasdaq-listed Hain Celestial said in a statement today (14 September) it has agreed the sale of its "international" operations to Aurelius for $323m in cash.
The divestment follows a review of Hain Celestial's portfolio instigated by president and CEO Alison Lewis last year, which already resulted in the sale of its North American snacks business in 2026 to Canada's Snackruptors for $115m in cash.
That disposal included the brands Garden Veggie Snacks, Terra chips and Garden of Eatin'.
Ella's Kitchen baby and kids foods, the Joya and Natumi plant-based beverage lines and Hartley's jelly are joining Aurelius.
#hain #garden #sale #long
2 months ago
John Lennon and Yoko Ono's son, Sean Ono Lennon, is a parent!
On Sept.1, Ono Lennon, 50, took to Instagram to announce he's welcomed a child, a baby boy, with his longtime partner, Charlotte Kemp Muhl, 39. "charlottekempmuhl and I have created a Human Bean!" he wrote online. "His name is Aurelius! Thank you!"
More from SheKnows
Robert De Niro Admits He Sometimes Feels 'Guilty' as a Dad of 7
In his post, Ono Lennon shared a sweet photo of him and Kemp Muhl holding their baby up. He also posted another photo of himself holding their son while Aurelius was wrapped in a white blanket. The last photo he shared of their kid was of Aurelius lying on Kemp Muhl's chest while she sat in a hospital bed. "Baby Momma!" he penned the caption.
#aurelius
On Sept.1, Ono Lennon, 50, took to Instagram to announce he's welcomed a child, a baby boy, with his longtime partner, Charlotte Kemp Muhl, 39. "charlottekempmuhl and I have created a Human Bean!" he wrote online. "His name is Aurelius! Thank you!"
More from SheKnows
Robert De Niro Admits He Sometimes Feels 'Guilty' as a Dad of 7
In his post, Ono Lennon shared a sweet photo of him and Kemp Muhl holding their baby up. He also posted another photo of himself holding their son while Aurelius was wrapped in a white blanket. The last photo he shared of their kid was of Aurelius lying on Kemp Muhl's chest while she sat in a hospital bed. "Baby Momma!" he penned the caption.
#aurelius
2 months ago
John Lennon's son, Sean Lennon Ono, is a dad.
The son of the legendary Beatles singer announced the news in a post on X and Instagram Wednesday with a photo saying that he's welcomed a baby boy with his partner Charlotte Kemp Muhl.
"charlottekempmuhl and I have created a Human Bean! His name is Aurelius! Thank you!" he wrote.
The Beatles' final song 'Now And Then' is here: Listen
Valerie Macon/AFP via Getty Images - PHOTO: Sean Ono Lennon and Charlotte Kemp Muhl attends the 96th Annual Academy Awards at the Dolby Theatre in Hollywood, California on March 10, 2024.
#beatles #human
The son of the legendary Beatles singer announced the news in a post on X and Instagram Wednesday with a photo saying that he's welcomed a baby boy with his partner Charlotte Kemp Muhl.
"charlottekempmuhl and I have created a Human Bean! His name is Aurelius! Thank you!" he wrote.
The Beatles' final song 'Now And Then' is here: Listen
Valerie Macon/AFP via Getty Images - PHOTO: Sean Ono Lennon and Charlotte Kemp Muhl attends the 96th Annual Academy Awards at the Dolby Theatre in Hollywood, California on March 10, 2024.
#beatles #human
2 months ago
Sean Ono Lennon has his own "little darling" now.
The Grammy-winning musician, son of Beatles rocker John Lennon and singer-songwriter Yoko Ono, revealed he welcomed his first child with partner Charlotte Kemp Muhl in a social media post Tuesday, Sept. 1.
Sean Lennon, 50, shared a photo of the couple cradling their newborn son, who was dressed in a striped, black-and-white onesie. The birth also marks the first grandchild for the late John Lennon, who was fatally shot in 1980. Ono has two grandchildren from her daughter, Kyoko Chan ******* , whom she had with film producer Anthony ******* .
"[Charlotte] and I have created a human bean!" Sean Lennon captioned the post. "His name is Aurelius! Thank you!"
Sean Lennon met Muhl, a musician and model, in 2005 while attending the Coachella Valley Music and Arts Festival. The couple started dating in 2007, according to People magazine. The pair have collaborated on several musical projects over the years, including the psychedelic pop band The Ghost of a Saber Tooth Tiger.
#john
The Grammy-winning musician, son of Beatles rocker John Lennon and singer-songwriter Yoko Ono, revealed he welcomed his first child with partner Charlotte Kemp Muhl in a social media post Tuesday, Sept. 1.
Sean Lennon, 50, shared a photo of the couple cradling their newborn son, who was dressed in a striped, black-and-white onesie. The birth also marks the first grandchild for the late John Lennon, who was fatally shot in 1980. Ono has two grandchildren from her daughter, Kyoko Chan ******* , whom she had with film producer Anthony ******* .
"[Charlotte] and I have created a human bean!" Sean Lennon captioned the post. "His name is Aurelius! Thank you!"
Sean Lennon met Muhl, a musician and model, in 2005 while attending the Coachella Valley Music and Arts Festival. The couple started dating in 2007, according to People magazine. The pair have collaborated on several musical projects over the years, including the psychedelic pop band The Ghost of a Saber Tooth Tiger.
#john
2 months ago
Sean Ono Lennon and Charlotte Kemp Muhl announced the birth of their son Aurelius on Tuesday, Sept. 1
"We have indeed created a Human Bean!" the new dad captioned his social media post
The couple, together since 2007, have collaborated on music projects including their band The Ghost of a Saber Tooth Tiger, and Sean has followed in his father John Lennon's footsteps, releasing solo albums and producing for artists like Lana Del Rey
Sean Ono Lennon, the son of the late John Lennon and Yoko Ono, has welcomed his first baby.
Sean, 50, and his long-term partner Charlotte Kemp Muhl, 39, announced the birth of their son Aurelius in a post shared across his social media pages on Tuesday, Sept. 1.
#sean #tuesday
"We have indeed created a Human Bean!" the new dad captioned his social media post
The couple, together since 2007, have collaborated on music projects including their band The Ghost of a Saber Tooth Tiger, and Sean has followed in his father John Lennon's footsteps, releasing solo albums and producing for artists like Lana Del Rey
Sean Ono Lennon, the son of the late John Lennon and Yoko Ono, has welcomed his first baby.
Sean, 50, and his long-term partner Charlotte Kemp Muhl, 39, announced the birth of their son Aurelius in a post shared across his social media pages on Tuesday, Sept. 1.
#sean #tuesday
