Hain Celestial, the natural foods firm, has announced it has agreed a deal to sell its Tilda brand of basmati and speciality rice to the Spanish consumer goods firm Ebro Foods for $342 million in cash. The firm said it was planning to use a portion of the sale proceeds to pay down debt, and was evaluating distribution alternatives for the remainder. Tilda operates two plants in Rainham (UK) and employs 326 …
Loading tweets...
Hain Celestial
Hain Celestial, a North American organic and natural products company, has announced that it has entered into a definitive agreement to sell all of its equity interest in Hain Pure Protein Corporation, which includes the FreeBird and Empire Kosher businesses, to investment fund Aterian Investment Partners for $80 million. Empire Kosher is a brand of kosher poultry including processed and unprocessed products as well as deli meats. Meanwhile the FreeBird …
Hain Celestial, an organic and natural products company with operations in North America, Europe, Asia and the Middle East, has announced that it has completed the divestiture of its WestSoy tofu, seitan and tempeh businesses to Keystone Natural Holdings, a portfolio company of Keystone Capital focusing on plant based food, for an undisclosed sum. Commenting on the deal, Mark L Schiller, Hain Celestial president and CEO, said: “This brand divestiture …
Natural and organic products manufacturer Hain Daniels, part of the Hain Celestial group, has announced the launch of a new jam brand in the UK. William’s British Conserves are described as being made from 100% British-grown fruit and will be packaged in an embossed 340g jar complete with a sleeve detailing the brand’s history, with the aim of securing share in the premium jam category. Described as having a home-cooked …
Hain Celestial, the US organic and health foods manufacturer, has announced the “strategic acquisition” of the Welsh firm Clarks UK, a producer of natural sweeteners. Based in Newport, Clarks UK markets natural sweeteners including maple syrup, honey and carob, date and agave syrups under the Clarks name. Its Clarks branded maple syrup is described as the UK market leader. Commenting on the deal, Irwin D Simon, founder, president and chief executive officer …
Nestle, the FMCG giant, is rumoured to be among companies considering a move for Hain Celestial, the US-based manufacturer of health and wholefoods. News agency Bloomberg reports that the Swiss firm has held preliminary talks about purchasing all or parts of Hain Celestial, according to “people familiar with the matter”. Bloomberg further cites its sources as saying that other US manufacturers, as well as buyout firms, could emerge as potential suitors, or …
Cultivate Ventures, the strategic platform of Hain Celestial Group has signed an agreement to acquire bean-based manufacturer Better Bean, for an undisclosed amount. “Better Bean is well suited for the Cultivate Ventures portfolio given our focus on the perimeter of the store with our BluePrint functional beverages, Yves Veggie Cuisine vegetarian offerings and Health Valley refrigerated soup products,” commented on the acquisition Beena Goldenberg, chief executive officer of Cultivate Ventures …
US natural and organic products company Hain Celestial has agreed to acquire UK soup manufacturer Yorkshire Provender for an undisclosed sum. Yorkshire Provender is based in the UK and produces branded soups, which are sold in leading retailers, on-the-go food outlets and food service providers. The acquisition will allow Hain Celestial, which also operates in North America and India, to extend its portfolio of products in Europe. “Yorkshire Provender has a …
American organic goods manufacturer Hain Celestial has announced that it has acquired UK-based fruit products maker Orchard House Foods. Orchard House Foods is a leader in prepared fruit, juices, fruit desserts and ingredients with facilities in Corby and Gateshead in the UK. Founded in 1985, the firm supplies retailers, on-the-go food outlets, food service providers and manufacturers Commenting on the acquisition, Hain Celestial president and chief executive Irwin Simon said: …
Hain Celestial, a natural and organic food and healthcare company, has announced the acquisition of Mona Group for an undisclosed amount. “This acquisition increases the scale of our plant-based operations to over $100m net sales in Europe in a growing category of branded and private label products, while providing us with additional manufacturing capacity”, Hain Celestial president and CEO Irwin D. Simon said. Mona offers a wide range of organic …
Copyright © 2017. Gama. All rights reserved. Privacy Policy | Legal Notice
Hain Celestial Archives - Gama