Core Viewpoint - Hain Celestial Group has agreed to sell its North American Snacks business to Snackruptors Inc. for $115 million in cash, aiming to strengthen its financial position and focus on core categories with better growth potential [1][2][5]. Financial Impact - The North American Snacks portfolio accounted for 22% of Hain Celestial's net sales in fiscal 2025 and 38% of the North America segment's net sales, but contributed negligibly to EBITDA over the past year [3]. - The remaining North American portfolio is expected to deliver EBITDA margins in the low double digits, supported by gross margins exceeding 30% [3]. Strategic Focus - Post-transaction, Hain Celestial will concentrate on flagship categories such as tea, yogurt, and baby/kids products, along with meal preparation platforms [4]. - Key brands in North America include Celestial Seasonings teas, The Greek Gods yogurt, Earth's Best Organic baby foods, and Spectrum Organic culinary oils [4]. Leadership Commentary - Alison Lewis, President and CEO of Hain Celestial, emphasized that the sale is a strategic move to sharpen focus on key markets and categories, with proceeds aimed at debt reduction to enhance financial flexibility and support sustainable growth [5]. - Rick Taborda, President of Snackruptors, expressed enthusiasm about acquiring the snack brands, highlighting their growth potential and fit with Snackruptors' existing business [5]. Transaction Details - The transaction is expected to close by February 28, 2026, pending customary closing conditions, with further details to be discussed in the upcoming Q2 Fiscal Year 2026 earnings call [5]. - Goldman Sachs & Co. LLC is acting as the financial advisor for Hain Celestial, while Cravath, Swaine & Moore LLP is providing legal counsel [6].