date:May 13, 2019
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We are pleased to have entered into an agreement for the sale of our remaining Hain Pure Protein businesses, comments Mark L. Schiller, Hain Celestial's President and CEO. We expect the sale of Hain Pure Protein to also help improve our balance sheet as we generate cash from the sale with which we plan to use in part to pay down debt. We believe these non-core brands will generate better results under the ownership of an organization that is focused on the protein category.
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