Food company Hain Celestial finds buyer for its European division

The American company Hain Celestial, owner of organic and plant-based brands such as Lima, Rice Dream, Natumi, and Ella’s Kitchen, is selling its European operations to the investment group Aurelius.

No stranger to the market

The American group, which aims to reduce its debt, had been looking for a buyer for some time. It has now found one: Aurelius is paying $323 million (280 million euros) for the European division, which has operations in the United Kingdom, Ireland, Austria, Germany, and Belgium.