M&A Deal Summary

Hain Celestial Acquires Celestial Seasonings

On March 6, 2000, Hain Celestial acquired beverage company Celestial Seasonings

Acquisition Highlights
  • This is Hain Celestial’s 1st transaction in the Beverages sector.
  • This is Hain Celestial’s 5th transaction in the United States.
  • This is Hain Celestial’s 3rd transaction in Colorado.

M&A Deal Summary
Date 2000-03-06
Target Celestial Seasonings
Sector Beverages
Buyer(s) Hain Celestial
Deal Type Merger

Target

Celestial Seasonings

Boulder, Colorado, United States
Celestial Seasonings is the largest manufacturer and marketer of herb teas in the United States. Its leading brands of herb teas included Sleepytime, Lemon Zinger, Mandarin Orange Spice, Peppermint and a variety of other proprietary blends. The company also manufactures an array of specialty black teas and a line of Iced Delight iced teas, and entered into an agreement with Perrier Group of America under which Perrier manufactures and markets a full line of ready-to-drink Celestial Seasonings bottled iced tea products in the United States.

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Buyer(S) 1

Buyer

Hain Celestial

Lake Success, New York, United States
Category Company
Founded 1993
Sector Consumer Products
Employees4,287
Revenue 1.8B USD (2023)
DESCRIPTION

Hain Celestial is a natural and organic food and personal care products company in North America and Europe. Hain Celestial was founded in 1993 and is based in Lake Success, New York.

DEAL STATS #
Overall 5 of 31
Sector (Beverages) 1 of 2
Type (Merger) 1 of 1
State (Colorado) 3 of 10
Country (United States) 5 of 24
Year (2000) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-01 DeBoles Nutritional Foods

Boulder, Colorado, United States

DeBoles Nutritional Foods, Inc. is a producer and manufacturer of organic pastas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-18 Terra Chips B.V.

s-Gravenpolder, Netherlands

Terra Chips, B.V. is a producer of gourmet vegetable chips.

Buy -
Mergr

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