The company continues its strategy to grow through sustainable premium meat companies.

The Hain Pure Protein business includes Empire Kosher and FreeBird brands.

Hain is keeping its WestSoy beverage business.

The transaction is valued at more than $59M.

The government funding will be used for processing improvements.

The decision came after the UK competition authority blocked the tie-up.

Charoen Pokphand Foods eyes expanding HyLife into Asian, North American and international markets.

J&M Wholesale Meats and Imperio Foods have approximately $44 million in combined annual sales.

The transaction is expected to close in the second quarter.

The two companies will retain their respective brands.