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.


  • Flushable Wipes Update

    Flushable Wipes Update

    Karen McIntyre, editor||April 13, 2016
    INDA president continues to make defending flushable wipes one of his top priorities.

  • Wipes Entrepreneurs Target Men

    Wipes Entrepreneurs Target Men

    Tara Olivo, associate editor||April 13, 2016
    As more men groom with personal care products, new innovators are seeing opportunities in the wipes market.

  • Germany's Dr. Schumacher Expands Personal Care Wipe Plan

    By Jaroslaw Adamowski, correspondent||April 13, 2016
    50,000 square foot facility opens four years after older site was lost in fire.