Melville, NY - The Hain Celestial Group, Inc. (NASDAQ: HAIN), a leading natural and organic products company providing consumers with A Healthy Way of Life™, today announced the acquisition of the assets and business of World Gourmet Marketing, L.L.C., including its Sensible Portions® brand of Garden Veggie Straws™, Pita Bites® and other snack products. Sensible Portions' products are sold in the club, mass and supermarket channels. The transaction is expected to be accretive to Hain Celestial's earnings during the first quarter of its fiscal year 2011.
NEW YORK - Clearlake Capital Group, L.P. ("Clearlake"), a private investment firm, today announced that its portfolio company, Buy.com, a leading U.S. online retail marketplace, has been sold to Rakuten, Inc.
TOKYO and ALISO VIEJO - In a move signaling an acceleration of its global expansion plans, Japan's leading internet company, Rakuten, announced today that it has reached a definitive agreement to acquire Buy.com, a leading U.S. retail marketplace. Combined, the two companies represent one of the world's largest online retail marketplaces, offering consumers more than 60 million products from close to 35,000 merchants around the globe. The acquisition, valued at approximately $250 million (USD), will be carried out by Rakuten's U.S. subsidiary, Rakuten USA.
NEW YORK /PRNewswire/ -- Sensible Portions®, a line of unique and great tasting all natural snacks announces its partnership with AEG, one of the world's leading sports and entertainment presenters, to offer a variety of products in select AEG-affiliated venues including STAPLES Center, Club Nokia, El Rey Theatre, The Home Depot Center, Nokia Theatre L.A. LIVE and the San Diego Sports Arena. Starting March 15, fans will be able to purchase healthier snack options when attending sporting events, concerts, special events and shows. Sensible Portions will offer lower calorie, single serve bags of some of Sensible Portions most popular offerings including BBQ Potato Straws, Salt & Pepper Potato Straws, Lightly Salted Veggie Straws and White Cheddar Miner's Gold Puffs at the refreshment stands of each venue.
NEW YORK /PRNewswire/ -- Sensible Portions® announces the release of three innovative guilt-free snacks designed to satisfy every craving, without sacrificing great taste. Sensible Portions®, the next generation in unique, better-for-you snacks is introducing new, flavorful products such as Miner's Gold, Potato Straws and Apple Straws. Each is designed for the lifestyle demands of those who want to snack sensibly, anytime, anywhere.
ALISO VIEJO, Calif. /PRNewswire/ -- Buy.com®, the Internet Superstore™, today reported 146 percent year-over-year sales growth for its retail Marketplace, which currently has more than 11.5 million product listings from thousands of qualified third-party retailers.
Instead of feeding the fad-diet frenzy, this food manufacturer is developing great tasting, healthy snacks and has big plans for future offerings. Most grocery shoppers today are looking for products that are lower in price and healthy yet still taste good. Finding the right fit for each family can be a challenge, but Jason Cohen and Jerry Bello seem to have found the right mix with their brand of better-for-you snacks called Sensible Portions.
NEW YORK, NY - Clearlake Capital Group, L.P. ("Clearlake" or "CCG") announced today the closing of its second private equity fund, Clearlake Capital Partners II, L.P. ("CCP II" or the "Fund"), with more than $410 million in equity commitments. CCP II was oversubscribed and exceeded its cap.