Hain Celestial Announces Strategic Acquisition

                Hain Celestial Announces Strategic Acquisition

Agreement to Acquire Clarks UK Ltd. Leading Natural Sweeteners Brand in the
United Kingdom

PR Newswire

LAKE SUCCESS, N.Y., Dec. 4, 2017

LAKE SUCCESS, N.Y., Dec. 4, 2017 /PRNewswire/ -- The Hain Celestial Group,
Inc. (NASDAQ:  HAIN), a leading organic and natural products company with
operations in North America, Europe, Asia and the Middle East providing
consumers with A Healthier Way of Life™, today announced that one of its
wholly-owned subsidiaries has acquired Clarks UK Ltd. ("Clarks"), The Natural
Sweeteners Company™, the leading^1 maple syrup brand, and a natural sweetener
brand, in the United Kingdom.  Clarks is based in Newport, South Wales, United
Kingdom, and produces natural sweeteners under the Clarks brand, including
maple syrup, honey and carob, date and agave syrups, which are sold in leading
retailers and used by food service and industrial customers in the United
Kingdom.

The Hain Celestial Group, Inc. (PRNewsFoto/The Hain Celestial Group, Inc.)

"We welcome Bob Clark and his team to the Hain Celestial family and look
forward to working with Clarks in expanding the brand's development in the
United Kingdom and continental Europe," said Irwin D. Simon, Founder,
President and Chief Executive Officer of Hain Celestial. "The Clarks brand and
products are a strategic fit with the Hain Daniels spreads business for
various natural sweeteners applications to complement our health and wellness
portfolio of brands as consumers continue to seek to reduce their sugar intake
and look for better-for-you alternatives to refined sugar."

James Skidmore, Hain Daniels Chief Executive Officer, added, "I welcome our
new colleagues within Clarks to the business and see significant opportunities
to further develop the natural sweeteners category. The strength of the Clarks
brand puts it in a strong position to capitalize on the growing consumer
trends towards more natural and healthier foods."

In calendar year 2016, Clarks generated approximately £7 million in net sales
and is expected to be accretive to Hain Celestial's earnings in fiscal year
2019. 

The Hain Celestial Group, Inc.
The Hain Celestial Group, Inc. (Nasdaq: HAIN), headquartered in Lake Success,
NY, is a leading organic and natural products company with operations in North
America, Europe, Asia and the Middle East.  Hain Celestial participates in
many natural categories with well-known brands that include Celestial
Seasonings®, Earth's Best®, Ella's Kitchen®, Terra®, Garden of Eatin'®,
Sensible Portions®, Health Valley®, Arrowhead Mills®, MaraNatha®, SunSpire®,
DeBoles®, Casbah®, Rudi's Organic Bakery®, Hain Pure Foods®, Spectrum®,
Spectrum Essentials®, Imagine®, Almond Dream®, Rice Dream®, Soy Dream®,
WestSoy®, The Greek Gods®, BluePrint®, FreeBird®, Plainville Farms®, Empire®,
Kosher Valley®, Yves Veggie Cuisine®, Europe's Best®, Cully & Sully®, New
Covent Garden Soup Co.®, Johnson's Juice Co.®, Farmhouse Fare®, Hartley's®,
Sun-Pat®, Gale's®, Robertson's®, Frank Cooper's®, Linda McCartney®, Lima®,
Danival®, Happy®, Joya®, Natumi®, GG UniqueFiber®, Tilda®, JASON®, Avalon
Organics®, Alba Botanica®, Live Clean® and Queen Helene®.  Hain Celestial has
been providing A Healthier Way of Life™ since 1993.  For more information,
visit www.hain.com.

Safe Harbor Statement
Certain statements contained in this press release constitute "forward-looking
statements" under the Private Securities Litigation Reform Act of 1995.  Words
such as "plan," "continue," "expect," "expected," "anticipate," "intend",
"estimate," "believe," "seek", "may," "potential," "can," "positioned,"
"should," "future," and similar expressions, or the negative of those
expressions, may identify forward-looking statements.  These forward-looking
statements include the Company's beliefs or expectations relating to (i)
accretion and (ii) the growth and development of the Clarks business and
distribution opportunities.  Such forward-looking statements involve known and
unknown risks, uncertainties, and other factors which may cause the Company's
actual results, levels of activity, performance or achievements of the
Company, or industry results, to be materially different from any future
results, levels of activity, performance or achievements expressed or implied
by such forward-looking statements.  As a result of the foregoing and other
factors, no assurance can be given as to future results, levels of activity
and achievements and neither the Company nor any person assumes responsibility
for the accuracy and completeness of these statements.

^1 Based on IRI data for the 52-week period ended November 1, 2017

 

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SOURCE The Hain Celestial Group, Inc.

Website: http://www.hain.com
Contact: James Langrock, The Hain Celestial Group, Inc., 516-587-5000; Mary
Anthes, The Hain Celestial Group, Inc., 516-587-5000
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