Hain Celestial makes strategic acquisition

|About: The Hain Celestial Group,... (HAIN)|By:, SA News Editor

Hain Celestial (HAIN +2.5%) says its $61.3M purchase of Rudi's Organic Bakery will be accretive in FY15.

Rudi's generated sales of $60M last year across a variety of organic products.

Shares of HAIN are showing strength following the acquisition news.