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1 MIN READ

UK: Hain Celestial to acquire Clarks UK

December 6, 2017
-
Europe, Food, Mergers & Acquisitions

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 of Hain Celestial, said: “We welcome Bob Clark and his team to the Hain Celestial family and look forward to working with Clarks in expanding the brand’s development in the United Kingdom and continental Europe. The Clarks brand and products are a strategic fit with the Hain Daniels spreads business for various natural sweeteners applications to complement our health and wellness portfolio of brands as consumers continue to seek to reduce their sugar intake and look for better-for-you alternatives to refined sugar”.

Clarks UK employs over 30 staff at a facility in Newport and generated approximately £7 million ($9.4 million) in net sales in the 2016 calendar year.

Source: Hain Celestial / Clarks UK

 

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UK: Hain Celestial to acquire Clarks UK - Gama