date:May 13, 2019
Organic and natural products company The Hain Celestial Group, Inc., has entered into a definitive agreement to sell all of its equity interest in Hain Pure Protein Corporation to Aterian Investment Partners III LP (Aterian III) for a purchase price of US$80 million, subject to adjustments. The Hain Pure Protein Corporation portfolio includes the FreeBird (organic chicken) and Empire Kosher businesses. The transaction is expected to close before June 30, 2019, the end of the company's fiscal yea