Hain Celestial Acquires TenderCare International

The Hain Celestial Group, Inc. (Nasdaq: HAIN) has expanded its natural baby care products by acquiring a manufacturer of gel-free diapers and baby wipes.

Hain Celestial, a leading natural and organic food and personal care products company, today announced that it has completed the acquisition of TenderCare International Inc. (OTC Bulletin Board: TCAR), 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.

"TenderCare strengthens our position in the natural and organic sector with the addition of diapers and wipes, while meeting the increasing demand by concerned parents for natural products to care for their babies, said Irwin D. Simon, President and CEO of Hain Celestial. "We look forward to integrating TenderCare into our business and to broadening their product offerings under the Earth’s Best® name and with additional distribution."

The Hain Celestial Group

The Hain Celestial Group (NASDAQ: HAIN), headquartered in Melville, NY, is a leading natural and organic food and personal care products company in North America and Europe. Hain Celestial participates in almost all natural food categories with well-known brands that include Celestial Seasonings®, Terra Chips®, Garden of Eatin’®, Health Valley®, WestSoy®, Earth’s Best®, Arrowhead Mills®, DeBoles®, Hain Pure Foods®, FreeBird(TM), Hollywood®, Spectrum Naturals®, Spectrum Essentials®, Walnut Acres Organic(TM), Imagine Foods(TM), Rice Dream®, Soy Dream®, Rosetto®, Ethnic Gourmet®, Yves Veggie Cuisine®, Linda McCartney®, Realeat®, Lima®, Grains Noirs®, Natumi®, JASON®, Zia® Natural Skincare, Avalon Organics®, Alba Botanica®, Queen Helene® and TenderCare®.