Who owns hain celestial

It also provides cooking and culinary oils; cereal bars; canned, chilled fresh, aseptic, and instant soups; yogurts, chilis, chocolate, and nut butters; and juices. In addition, the company offers hot-eating desserts, cookies, refrigerated and frozen plant-based meat-alternative products, jams, fruit spreads, jellies, honey, natural sweeteners, and marmalade products, as well as other food products.

Further, it provides snack products comprising potato, root vegetable and other exotic vegetable chips, straws, tortilla chips, whole grain chips, pita chips, and puffs; and personal care products that include hand, skin, hair, and oral care products, as well as deodorants, baby food, body washes, sunscreens, and lotions under the Alba Botanica, Avalon Organics, Earth's Best, JASON, Live Clean, and Queen Helene brands name.

Additionally, the company offers herbal, green, black, wellness, rooibos, and chai tea under the Celestial Seasonings brand. It sells its products through specialty and natural food distributors, supermarkets, natural food stores, mass-market and e-commerce retailers, food service channels and clubs, and drug and convenience stores in approximately 80 countries worldwide.

The company was incorporated in and is headquartered in Lake Success, New York. Yahoo Finance. Sign in. Sign in to view your mail. Under the five-year agreement, Weight Watchers would receive royalties and a share of the profits. This transaction made Hain, according to one of its executives, the nation's leading marketer of foods sold to dieters and other consumers with special medical needs. Hain repackaged the line to connect it more closely to Weight Watchers " Success" theme and added 30 new products.

Westbrae's leading product was soy milk. The purchase allowed Hain to strengthen its presence in natural food stores, where Westbrae averaged to stockkeeping units SKUs. Following the transaction, Hain's product line reached 1, SKUs spanning 13 brand lines. Having sold the manufacturing facilities of its acquisitions, Hain now was dealing with a network of 95 co-packers.

Hain Food Group made a new public offering of 2. One of the company's supporters was billionaire George Soros, whose Soros Fund Management bought a 16 percent stake in early and still owned nearly 10 percent in October White Rock, a Texas corporation and limited partnership, owned Simon held These firms were Arrowhead Mills Inc.

The acquisition was completed in July The company had become involved in a number of promotional campaigns, including ones involving Weight Watchers, the American Diabetic Association, schools, and several cancer groups.

We see the market for better-for-you foods growing drastically. John's Wort, and Chunky Tomato with St. Latest Trade Change Volume , Today's Range Pricing Previous Close. Today's High. Today's Low. Shares Out MIL. Market Cap MIL. Latest Developments More. Industry Food Processing. Additionally, this transaction improves our growth profile without impacting the profit margin for the remaining Hain Celestial business, providing us with increased confidence in our ability to continue to enhance shareholder returns over the long-term.

Over the last two years, Hain Celestial has offloaded assets including US brand Better Bean, French organic products business Danival and Tilda rice in an attempt to improve its margins and cash flow and fuel growth. Join Our Newsletter Get important industry news and analysis sent to your inbox — sign up to our e-Newsletter here. Analysis Comment Interviews.