Industry News

Hain Celestial Purchases Premier Foods’ Packaged Grocery Brands

November 6, 2012
/ Print / Reprints /
/ Text Size+

The Hain Celestial Group, Inc. , Melville, N.Y., acquired Premier Foods plc's portfolio of packaged grocery brands, including Hartley's, Sun-Pat, Gale's, Robertson's Hain Celest greek yogurtand Frank Cooper's—peanut butter, honey, jams, fruit and jelly, marmalade and chocolate product offerings—along with its Histon manufacturing base in Cambridgeshire, United Kingdom.

The company estimates that net sales during the eight-month period from closing to June 30, 2013 will approximate $180 million with accretion in earnings per diluted share during that period approximating $0.25 before acquisition-related charges. Premier Foods generated more than $250 million in sales in its last fiscal year, of which approximately 60% were branded products, and will become part of the Hain Daniels Group, which is wholly owned by Hain Celestial and manufactures and sells fresh food and drinks in eight chilled and frozen food categories under New Covent Garden Soup Co., Johnson's Juice Co., Linda McCartney, Farmhouse Fare and Lovetub brands.

"This acquisition furthers our goal to expand in the United Kingdom, and positions the newly expanded Hain Daniels business in the Top 40 of all food and beverage suppliers in the UK," says Irwin Simon, founder, president and CEO of Hain Celestial. "We expect to leverage the loyal customer base from Hartley's, Sun-Pat, Gale's, Robertson's, Frank Cooper's and Rose's with our existing global brands, including Rice Dream, Celestial Seasonings, Earth's Best, Terra Chips and Sensible Portions in the United Kingdom marketplace."

Did you enjoy this article? Click here to subscribe to Refrigerated & Frozen Foods magazine.

You must login or register in order to post a comment.



Image Galleries

OSI, 2014 Refrigerated Foods Processor of the Year

Find out how this global food provider secured a new supply chain global trading platform, opened a new culinary innovation center and continues to keep food safety top of mind.

Read cover story here.
Read plant story here.

7/31/14 12:00 pm EDT

Engaging the Manufacturing Workforce to Drive Business Improvement

AIOE’s Workforce Development Solutions Group will soon release its work product, “The Engagement Framework”. This is a robust resource tool that both CPGs and suppliers should find useful in their organizations. Attendees will learn of the key attributes of Engagement, and cases and lessons learned on how to apply these guiding lessons within your company. The value proposition is fundamental to business success in our industry: business performance, competitive globally, recruitment and retention.

Refrigerated and Frozen Foods Magazine


2014 September

Refrigerated & Frozen Foods' September 2014 issue features the six Processors to Watch in 2015 and the Cold Storage Construction Guide.

Table Of Contents Subscribe

Processors On The Rise...

What aspects of an up-and-coming company are most important for it to become successful in the cold food marketplace?
View Results Poll Archive

The Refrigerated and Frozen Food Store

Cold Packaging Materials Guide

A guide to cold packaging containers and materials.

More Products

Refrigerated & Frozen Foods Delivers

RFF Infographic 133x133Click here to see a snapshot of the many different ways Refrigerated & Frozen Foods delivers business and technology solutions to cold chain professionals.


facebook_2014 twitter_40px youtube_40pxlinkedin_40px

Buyer's Guide

Visit our Buyer's Guide!

Refrigerated & Frozen Foods offers a Cold Packaging Materials Guide, as well as a Cold Storage Warehouse Guide, the most comprehensive listing of cold storage warehouses.

Visit the Buyer's Guide page today!