Hain Celestial agrees to sell International business to AURELIUS for $323 million

  • Hain Celestial agreed to sell its International business to AURELIUS.
  • Net sales fell 27.6% to $263.07 million, below the $268.94 million estimate.
  • Hain plans to use up to $310 million in proceeds to reduce debt.

Hain Celestial has agreed to sell its International business to AURELIUS for an estimated $323 million in cash while reporting weaker-than-expected fiscal fourth-quarter 2026 sales and adjusted earnings. Net sales fell 27.6% to $263.07 million, below the $268.94 million estimate, and the company posted an adjusted loss of $0.05 per share versus the expected $0.03 loss. Despite the sales decline, gross margin expanded to 22.5%, operating cash flow rose to $78.3 million and free cash flow improved to $57.7 million. Hain expects net proceeds of $305 million to $310 million from the International sale, which it plans to use to repay its entire term loan and more than 35% of its revolving credit facility, reducing pro forma debt to about $250 million. The transaction is expected to close in the second quarter of fiscal 2027, subject partly to extending Hain’s December credit maturity. North America organic sales rose 1.7%, while adjusted EBITDA increased 55.3% to $16.1 million; International organic sales fell 4% and adjusted EBITDA dropped 41.1% to $12.3 million. Hain also targets about $16 million in annual run-rate cost savings, with most expected by the end of fiscal 2027.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.