The Hain Celestial Group, Inc. completed the sale of its North American Snacks business, including Garden Veggie Snacks™, Terra® chips and Garden of Eatin’® snacks, to Snackruptors Inc. on February 27, 2026, receiving $111.2 million in cash from a $115.0 million purchase price. The transaction strengthens the company's financial position by reducing debt and sharpening focus on higher-margin core categories.
Key takeaways
Hain completed sale of North American Snacks business to Snackruptors Inc. on February 27, 2026
Received $111.2 million cash (total purchase price $115.0 million less inventory holdback)
Asset Purchase Agreement dated January 30, 2026, previously filed on February 2, 2026 8-K
Pro forma cash increases to $78.1 million as of December 31, 2025
Pro forma total debt decreases to $604.1 million as of December 31, 2025
Press release issued March 2, 2026 announcing transaction completion