Hain Celestial (HAIN) Sells Thinsters, Eyes Focus and Growth
Hain Celestial(HAIN) Zacks Investment Research·2024-04-10 14:06In a strategic maneuver, The Hain Celestial Group (HAIN) recently concluded the sale of its Thinsters cookie business to J&J Snack Foods in an all-cash transaction completed on Apr 8, 2024. This marks another step in HAIN's ongoing commitment to refining its portfolio and strengthening its financial position.Wendy Davidson, the president and CEO of Hain Celestial, highlighted the importance of the transaction, affirming, "Divesting Thinsters further streamlines our supply chain network and strengthens our a ...