Empire Kosher Poultry Inc. has bought the Kosher Valley brand of kosher, antibiotic-free chicken from Hain Pure Protein, a division of Hain Celestial Group Inc. The sale closed May 5, and included an equity interest in Empire to Hain.
According to Hain, the sale will expand the breadth and reach of Kosher Valley products. During the nine months ended March 31, Kosher Valley losses reduced Hain Celestial's diluted earnings by $0.04 per share.
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