USA: Orchard House Foods acquired by Hain Celestial
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: "We are excited about the acquisition of Orchard House, which expands our presence in the on-trend fresh category with prepared fruit, drinks and desserts. Orchard House provides us with the opportunity to expand fruit product offerings into continental Europe, as well as new product development with cold pressed juice and branded fruit product offerings in the United Kingdom”.
Jeremy Hudson, Hain Daniels Group’s CEO, added: "This is a truly exciting acquisition, increasing our product offerings to meet consumers' desire for a healthier lifestyle and the "5 A DAY" Live Well Healthy Living for Everyone" initiative in the United Kingdom. Orchard House brings new capacity and opportunities for accelerated growth across a number of categories, including the development of our existing branded ranges and new brands presently being prepared for launch”.
The deal was completed through the company’s British subsidiary Hain Celestial UK.
Source: Hain Celestial