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Hain Celestial Acquires Churchill Foods

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Hain Celestial Acquires Churchill Foods

Hain Celestial Acquires Churchill Foods
June 24
15:03 2010

US-based natural and organic products company Hain Celestial Group has acquired Churchill Food Products, a manufacturer and distributor of food-to-go products in the UK, for an undisclosed sum. Located in Nottingham, Churchill’s production is expected to complement Hain Celestial’s existing Daily Bread brand. The acquisition is part of Hain Celestial’s plan to return to profitability in the UK, which is expected to occur in its 2011 financial year.

“The addition of Churchill’s expands our customer base for food-to-go offerings in the United Kingdom,” says Irwin D Simon, president and chief executive of Hain Celestial. “We view this as a strategic acquisition to broaden our customer base and our Daily Bread branded products. Our combined technical and innovation teams will bring us the capability of developing more exciting and healthy food-to-go products.”

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