Hain Celestial Expands into Premium Soup Offerings, Acquires Yorkshire Provender


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.  

Related Articles

Food Ingredients News

Culture capacity: DuPont lays foundation for deep-freeze warehouse

15 Mar 2018 --- Earlier this week, (March 12), the official groundbreaking ceremony for a new deep-freeze warehouse took place at the site of the DuPont Nutrition & Health (Danisco Deutschland GmbH) in Niebüll, Germany. The new storage center is part of a joint project, which reflects the cooperative efforts of the sites of Epernon, France and Niebüll, Germany to secure additional capacity in cultures.

Food Ingredients News

Ulrick & Short: Is fat and sugar reduction pushing clean label off the edge?

05 Mar 2018 --- British starch specialist, Ulrick & Short, offers a comprehensive range of clean label, functional native starches, fat replacers, sugar replacers, flours, phosphate replacers and proteins from a range of crops and cereals. Tapping into the need for clean label, the company maintains that it has always been a part of the company strategy, but now there are other trends in that running, but does that mean that clean label has taken a back seat?

Business News

Oils expansion: Bunge completes acquisition of 70 percent stake in IOI Loders Croklaan

02 Mar 2018 --- Bunge Limited has completed its acquisition of a 70 percent ownership interest in IOI Loders Croklaan from IOI Corporation Berhad. The acquisition establishes Bunge as a global leader in business-to-business oil solutions with expanded value-added capabilities, reach and scale across core geographies, according to the company. 

Food Ingredients News

TIC Gums eyes optimization with new Simplistica Ingredient Systems

28 Feb 2018 --- TIC Gums, an Ingredion company, is set to introduce the Simplistica line of ingredient systems at Engredea 2018, which will include optimized solutions from TIC Gums and Ingredion, including hydrocolloids, starches, plant proteins and sweeteners.

Business News

Supply partnership: Univar and Cargill reach long-term agreement on ingredients

22 Feb 2018 --- Univar has entered into a strategic long-term agreement with Cargill's Food Ingredients & Bio Industrial business in the US and Canada. Customers will be able to enjoy the combined value of Cargill's respected product lines and Univar's extensive distribution network and access to food innovators.

More Articles