Hain Celestial Acquires Baby Care Company

Dec 10, 2007 | Contact Author | By: Katie Schaefer
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Title: Hain Celestial Acquires Baby Care Company
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Hain Celestial Group Inc., a natural and organic personal care company, has acquired 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.

TenderCare shareholders reportedly 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.