Hain Celestial Expands Presence into Premium Soup Offerings
The Hain Celestial Group, a leading organic and natural products company with operations in North America, Europe and India, has completed the purchase, through its wholly-owned subsidiary – Hain Frozen Foods UK – of Yorkshire Provender. Yorkshire Provender, founded in 2007, is based in North Yorkshire, England, and produces premium branded soup. Its products are sold in leading retailers, on-the-go food outlets and food service providers in the United Kingdom.
“We are excited for the opportunity to expand our soup range into premium offerings with the acquisition of Yorkshire Provender, which complements our New Covent Garden Soup Co.® and Cully & Sully® ranges of fresh soups,” says James Skidmore, chief executive of The Hain Daniels Group. “We are pleased to now offer Yorkshire Provender’s gluten-free, delicious premium recipes and flavours and look to expand their distribution range in the United Kingdom and in Europe.”
Yorkshire Provender will continue to operate from its Yorkshire location. In calendar year 2016, Yorkshire Provender had approximately £6 million in net sales and is expected to be accretive to Hain Celestial’s earnings in fiscal year 2018 as the company works with the combined infrastructures to drive future growth.