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Hain Celestial Expands Fruit Product Marketing In Europe With Acquisition

January 14, 2016: 12:00 AM EST
Organic and natural products company Hain Celestial Group said its British subsidiary has acquired Orchard House Foods Limited, a U.K. marketer of prepared fruit, juices, fruit desserts and ingredients. Founded in 1985, the company supplies retailers, on-the-go food outlets, food service providers and manufacturers. Hain Celestial said the acquisition provides the ability 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 U.K.  It will also provide sales and operating efficiencies in fruit procurement around the world. Orchard House expects sales of $60 and $65 million in 2016.
"Hain Celestial Announces Accretive Strategic Acquisition", News release, Hain Celestial, January 14, 2016, © Hain Celestial
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