Hain Celestial Expands into Premium Soup Offerings, Acquires Yorkshire Provender

3099697f-c351-439a-99a3-c0ec79e6da7darticleimage.jpg

17 Feb 2017 --- The Hain Celestial Group have announced that one of its wholly-owned subsidiaries has entered into a definitive agreement to purchase The Yorkshire Provender Limited, which is subject to formal clearance from the Competition and Markets Authority in the United Kingdom.  

Yorkshire Provender, founded in 2007, is based in North Yorkshire, England, and produces premium branded soup and its products are sold in leading retailers, on-the-go food outlets and food service providers in the United Kingdom.

"We welcome Belinda and Terry Williams, co-founders of Yorkshire Provender, to the Hain Celestial family and look forward to working with the Yorkshire Provender team in leading the next chapter of the brand's development," said Irwin D. Simon, Founder, President and Chief Executive Officer of Hain Celestial. "Yorkshire Provender has a premium brand positioning that complements our New Covent Garden Soup Co. and Cully & Sully brands in the United Kingdom."

"We are excited to work together with the Yorkshire Provender team and leverage our combined infrastructures to drive future growth," said James Skidmore, Chief Executive Officer of the Hain Daniels Group. "This transaction expands the depth of our soup offering with Yorkshire Provender's gluten-free, delicious premium recipes and flavors." 

Yorkshire Provender will continue to operate from its Yorkshire location. "This is a significant milestone for Yorkshire Provender and we look forward to working with the Hain Daniels team to continue our growth in new and existing customers," said Belinda Williams.

In calendar year 2016 Yorkshire Provender had approximately £6 million ($7.4  million) in net sales and is expected to be accretive to Hain Celestial's earnings in fiscal year 2018.  

To contact our editorial team please email us at editorial@cnsmedia.com

Related Articles

Food Ingredients News

Faravelli CEO talks cleaner labels, natural preservation & expansion plans

18 Jun 2018 --- Italian company Faravelli has grown from a small trading company to a global supplier of food and pharmaceutical ingredients, as well as supplying cosmetic and biochemical industries with ingredients. According to the company, 35 percent of its business is for the food and supplement industry, where Faravelli believes that there is a vast amount of innovation and activity.

Food Ingredients News

Allergen & free from claims in a plant-based world

12 Jun 2018 --- The need for free-from foods is driving innovation across many food sectors. There has been an unprecedented growth in the egg free and vegan sectors as both manufacturers and consumers alike exercise more caution when purchasing products containing eggs. The free-from industry has grown significantly over the last few years and foods without dairy, gluten or animal products are becoming much more mainstream and readily available on supermarket shelves and in the foodservice sector.

Food Ingredients News

Pick up a praline: Pecan Deluxe plugs nut-based opportunities

24 May 2018 --- Pralines already feature in several popular ice cream and dessert brands globally and despite somewhat limited availability, the flavor is proving to be very popular. According to Pecan Deluxe Candy, this may be down in part to one trend that Australia can call its own – a growing interest in nut butter which merits the highest online search rating in the world.

Food Ingredients News

Plant proteins: Givaudan addresses the meat analog flavor challenge

23 May 2018 --- The trend towards health & wellness, and the growth in flexitarianism, are leading the rising demand for plant-based alternatives to meat protein as consumers seek healthier options. As a result, by 2050, demand for meat is expected to increase by 70 percent, surpassing supply. Plant-based meat analogs are therefore increasingly being seen as an alternative. Flavor supplier Givaudan has been involved in plant proteins and meat analogs for many years and has developed solutions for the established technologies used in the market.

Food Ingredients News

Dairy-free, freeze-dried Space Ice Kream set to make its debut in Europe

23 May 2018 --- Space Ice Kream, promoted as the world’s first dairy-free, freeze-dried ice cream is set to hit grocery and online stores in Europe later this year. Having launched already in several retail locations across the US, and online at sevafoods.com and Amazon, the company are planning a  large increase of our production capacity and sales later this year. Space Ice Kream will be available for sale in Europe starting June 1, 2018. 

More Articles