Breaking News

Hain Celestial Completes Acquisition of TenderCare International

December 12, 2007

Purchase expands natural offerings.

Natural and organic personal care products company Hain Celestial Group, Inc. announced that it has completed its acquisition of TenderCare International Inc., a marketer and distributor of chlorine-free and gel-free natural diapers and baby wipes under the Tushies and TenderCare brand names.
   
Under the terms of the acquisition, TenderCare shareholders will receive $0.4449 per share in cash, after deducting for excess company expenses, for all of the outstanding shares of TenderCare common stock. Other terms of the acquisition were not disclosed at press time.

TenderCare strengthens our position in the natural and organic sector with the addition of diapers and wipes, while meeting the increasing demand by concerned parents for natural products to care for their babies,” said Irwin D. Simon, president and CEO of Hain Celestial. "We look forward to integrating TenderCare into our business and to broadening their product offerings under the Earth's Best name and with additional distribution."
   
Based in Melville, NY, Hain Celestial is a maker of natural and organic food and personal care products with brands including Earth’s Best and Celestial Seasonings.


  • 2016 International Buyers Guide

    2016 International Buyers Guide

    July 15, 2016
    Our annual Buyers’ Guide lists nearly every supplier and producer involved with the global nonwovens industry.

  • Raw Material Round Up

    Raw Material Round Up

    Karen McIntyre, Editor||June 9, 2016
    Suppliers to nonwovens manufacturers continue to innovate.

  • Fiber Producers Hone in on Hygiene

    Fiber Producers Hone in on Hygiene

    Tara Olivo, Associate Editor||June 9, 2016
    Growth in hygiene markets has spurred innovation among these suppliers to the nonwovens industry.