Keystone Natural Holdings Acquires WestSoy Tofu, Seitan and Tempeh Businesses
May 23, 2019
Keystone Natural Holdings (a portfolio company of Keystone Capital) has acquired the WestSoy tofu, seitan and tempeh businesses from The Hain Celestial Group. The deal excludes the WestSoy plant-based beverage business, which Hain Celestial retained; KNH said it will retain all employees at the WestSoy facility in Boulder, Colorado. Senior debt financing for the transaction was provided by Wintrust Bank; terms were not disclosed.
- Targets
- WestSoy (tofu, seitan and tempeh businesses)
- Sellers
- The Hain Celestial Group, Inc.
- Platforms
- Keystone Natural Holdings
- Industry
- Food & Beverage
- Location
- Colorado, United States
- Transaction Type
- Addon
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