Hain Celestial acquires sweet spreads and jellies business of Premier Foods
date:Oct 31, 2012
n Celestial expects net sales from the brands to generate approximately $180m, and the earnings per diluted share to be approximately $0.25, before acquisition related charges.

The acquired business will become part of Hain Daniels, a wholly owned subsidiary of Hain Celestial that was established in October 2011 following the acquisition of UK-based Daniels Group.

In addition, the acquired grocery brands will be combined to form a new Ambient Grocery Division, which will supply products to lea
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