Beauty Industry

Hain Celestial Completes Acquisition of TenderCare International

Hain Celestial Group, Inc. announced that it had completed its acquisition of TenderCare International Inc.

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By: Jamie Matusow

Editor-in-Chief


Natural and organic personal care products company Hain Celestial Group, Inc. announced that it had completed its acquisition of TenderCare International Inc., a marketer and distributor of chlorine-free and gel-free natural diapers and baby wipes under the Tushies and TenderCare brand names.

Under the terms of the acquisition, TenderCare shareholders will receive $0.4449 per share in cash, after deducting for excess company expenses, for all of the outstanding shares of TenderCare common stock. Other terms of the acquisition were not disclosed at press time.

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