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Hain Celestial Acquires Greek Gods Yogurt

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By: Sean Moloughney

Editor, Nutraceuticals World

The Hain Celestial Group, Melville, NY, has acquired the assets and business of 3 Greek Gods LLC, including its Greek Gods brand of all-natural Greek-style yogurt. Greek-style and specialty yogurt grocery sales grew more than 100% in the last year while over the last three years the overall yogurt category has experienced only single-digit compound annual growth. Greek Gods yogurt is a leading brand in the natural channel, having experienced double-digit growth over the last year; the brand generated sales of more than $10 million in 2009.

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