Hain Celestial Group Inc., a natural and organic personal care company, has acquired TenderCare International Inc., a marketer and distributor of chlorine-free and gel-free natural diapers and baby wipes under the Tushies and TenderCare brand names.
TenderCare shareholders reportedly will receive $0.4449 per share in cash, after deducting for excess company expenses, for all of the outstanding shares of TenderCare common stock. Other terms of the acquisition were not disclosed.