Hain to Acquire Four Companies
od Group here has signed a purchase agreement to acquire four natural-food businesses: Arrowhead Mills, DeBoles Nutritional Foods, Dana Alexander and Garden of Eatin'.
The aggregate purchase price for all the businesses is $80 million, including the assumption of $20 million in debt.
Hain Food said the acquisitions would boost annual sales to about $200 million on a pro-forma basis.
McWolf Debuts Liquid Detergent
NORRISTOWN, Pa. -- McWolf Enterprises here has added a liquid laundry detergent to its Sun and Earth line of all-natural household cleaners.
Packaged in a 64-ounce plastic bottle made from recycled plastic, Sun and Earth Ultra Laundry Detergent is hypoallergenic, and retails at $3.99.