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Hain Celestial food business news, company profile, analysis, comment and interviews

Our guide to some of the in-house venture-capital funds operated by the world s major packaged-food companies.
14 Jan 2021
US food group Hain Celestial has continued its programme of divestments with the sale of a UK fresh produce business.
22 Dec 2020
Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector during a year like no other.
7 Dec 2020
Investment bank Credit Suisse has considered whether a period of portfolio re-shaping is likely amongst US food groups.
12 Nov 2020
The US-based manufacturer, busy reshaping its portfolio in recent quarters, looks set for another disposal, its CEO hinted, after outlining the group s best quarter for years. ....

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The toast of lockdown: jams & spreads category report 2021

By Lyndsey Cambridge2021-01-15T11:57:00+00:00
Peanut butter, jam and other spreads are flying. But we’re not just smearing them on bread any more. So what’s behind the boom?
At last, something to toast! Britain has rediscovered the joys of jam, marmalade and other spreads. Sales are up £120.8m (21.7%) on volumes up 24.8%, making spreads one of the biggest winners of the past year [Kantar 52 w/e 29 November 2020].
Every spreads subcategory is growing; even jam, marmalade and curd, which had been struggling for years until Covid-19 came along. Breakfast has been reborn. Commuters who once ate the most important meal of the day en-route to the 6.20am to Charing Cross can now take more time over their breakfast before starting a day’s work at home. ....

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New 'retirement village' proposed for Histon but smell from nearby factory could affect plans

New retirement village proposed for Histon but smell from nearby factory could affect plans
The smell from the nearby jam and sweet spread factory may be an issue for the plans
Updated
The proposed new retirement village in Histon (Image: Copyright Unknown)
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Plans have been proposed for a new “retirement village” in Histon – although the developer may need to do something about the smell from the nearby jam and sweet spread factory. ....

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Hain Celestial sells Orchard House juice business to private equity firm Elaghmore

By Edward Devlin2021-01-15T16:51:00+00:00
Hain Celestial has sold its Orchard House own label juice business to private equity firm Elaghmore as it continues to simplify its European portfolio.
The price tag for the deal is undisclosed, but it is understood the PE fund paid about £25m for the producer of prepared fruit and freshly squeezed juice.
Orchard House supplies retailers, on-the-go food outlets, foodservice providers and manufacturers across the UK, including M&S, Morrisons, Sainsbury’s, Tesco and Pret a Manger.
The business is based in Northamptonshire, with additional facilities in Gateshead, employing a total of 1,000 staff and turning over more than £130m annually. ....

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Bubbly Clitheroe Mayoress falls victim to Covid-19

TRIBUTE has been paid to the ‘bubbly and lively’ former Mayoress of Clitheroe who died from coronavirus last week.
Singapore-born Maria Berryman passed away in the Royal Blackburn Hospital on January 4 having fallen ill on December 20.
The 57-year-old leaves her husband, Ribble Valley Councillor David Berryman, and two children - Andrew, 34, and Jennifer,31.
Mrs Berryman worked for Hain Daniels in Clitheroe and volunteered at the local RSPCA branch.
She was her husband’s Mayoress when he was Mayor of Clitheroe Town Council from 2007 to 2009.
His successor in the post and current leader of the town council Cllr Mary Robinson said: “She was very popular in Clitheroe. ....

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