Hain Celestial Group Acquires MaraNatha and SunSpire

"Continuing to satisfy its hunger for new acquisitions, organic food maker Hain Celestial Group Inc. said it has agreed to buy two food brands from a Maryland-based investment banking firm.

Melville-based Hain, Long Island's 14th-largest company in terms of sales, announced two acquisitions in 2007.

Hain said late Thursday that it had agreed to acquire the MaraNatha and SunSpire brands and their nut butter manufacturing facility in Ashland, Ore., from American Capital Strategies Ltd., an investment banking firm in Bethesda, Md."

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