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Hain Celestial Buys UK Food-To-Go Manufacturer

June 16, 2010: 10:28 AM EST
US-based natural and organic food producer Hain Celestial Group, Inc. has completed the acquisition of the UK’s Churchill Food Products Limited, which makes food-to-go items, in a move designed to restore Hain’s UK operations to profitability by next year. The deal is expected to help expand Hain’s customer base for food-to-go in the UK and as well as spark innovation for its Daily Bread brand. Terms were not disclosed. The two companies will review their businesses to identify synergies, and employees will be consulted about any proposals that should result from the strategic review.
Hain Celestial, "Hain Celestial Acquires Churchill Food Products", Hain Celestial website, June 16, 2010, © Hain Celestial
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