Lake Success, NY — The board of directors of the Hain Celestial Group, Inc. announced it's hired a global executive search firm to seek a new president and CEO to replace founder Irwin D. Simon. Simon, 59, will continue for a transition period as non-executive chairman of the board to...
Now there’s a way to listen and learn about developments in the natural products industry while you’re on the go. We’re pleased to introduce our new podcast, The Natural View. Every month (or more frequently if the spirit moves us) we’ll be talking about the big stories influencing the industry,...
Lake Success, NY - Hain Celestial, an organic and natural products company, announced second quarter fiscal year 2018 earnings today that dipped in the U.S., and missed estimates. The company also stated it may divest itself of its Pure Protein brand, and significantly expand into e-commerce. According to the earnings report:...
Lake Success, NY – The Hain Celestial Group cannot find a buyer because the organic food giant has been expanded to include too many brands, according to a story in The New York Post. Veteran deal reporter Josh Kosman says four sources familiar with the situation told him Hain’s been...
Lake Success, NY — The Hain Celestial Group, Inc announced its Hain Daniels U.K. subsidiary has acquired Clarks UK Ltd., a natural sweetener brand based in Newport, South Wales. It produces natural sweeteners under the Clarks brand – including maple syrup, honey and carob, date and agave syrups, sold at...
Lake Success, N.Y. -- PepsiCo is the latest food and beverage company to emerge as a logical acquirer of Hain Celestial, which has been linked in the past week with Nestle, Kraft Heinz, Pinnacle Foods and General Mills. “The company doesn’t comment on rumors,” Hain spokesperson Mary Anthes told WholeFoods.
Lake Success, NY — Hain Celestial announced a 2% decline in Q4 sales and a greater 5% year-over-year decline but maintained it is poised for turnaround due to some strategic moves in 2017 and predicted the Amazon-Whole Foods Market combo will be a boon, even with reduced prices. "Amazon's acquisition...
LAKE SUCCESS, N.Y. —The Hain Celestial Group, Inc. (Nasdaq: HAIN), today announced the purchase of The Better Bean Co. Portland, Ore.-based Better Bean was founded in 2010 by the father and daughter team of Keith and Hannah Kullberg, to make eating beans easy, tasty and healthy. Better Bean will augment Hain Celestial’s...
After a yearlong audit and accounting review, Hain Celestial Group Inc., an organic and natural products company, announced on Thursday that the company did not need to make any material changes to its previously reported financial statements from May 2016. The company reports, for the first 9 months of the...
New Hyde Park, NY — John Carroll, previous chief executive officer of Hain Celestial, has been named executive vice president of Global Brands, Categories and New Business Ventures of Hain Celestial with responsibilities including global branding, new business ventures, mergers and acquisitions, and the execution of Project Terra, the Company's...
