13 Apr 2017 --- The Hain Celestial Group, Inc., has establishment of a Joint Venture, Rosetto Foods LLC, a newly formed entity managed by Steven Sands. Hain Celestial has a 49% minority interest in the Joint Venture. As part of the strategic partnership with Rosetto Foods LLC effective April 1, 2017, Hain Celestial licensed the intellectual property associated with its non-core Rosetto brand of frozen Italian foods to the Joint Venture. Rosetto Foods LLC will operate the business and be responsible for executing the operating plan.
