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When Hain Celestial acquired Boulder-based organic and gluten-free baking co Rudi’s in 2014, its 2013 revenues were reported as $60m. Six years later, after Hain sold the business to private equity backed Irish baker Promise Gluten Free in May 2020, revenues were “significantly lower than that,” says executive chairman Cem Carakas. ....
When Hain Celestial acquired Boulder-based organic and gluten-free baking co Rudi’s in 2014, its 2013 revenues were reported as $60m. Six years later, after Hain sold the business to private equity backed Irish baker Promise Gluten Free in May 2020, revenues were “significantly lower than that,” says executive chairman Cem Karakas. ....
Gluten-free items bring artisanal flair to segment Three Bakers employs a French-inspired recipe to create its gluten-free brioche line. The rich, golden-brown, buttery and slightly sweet sandwich rolls, breads, baguettes and dinner rolls are made from the finest ingredients to provide an artisanal experience in consumers’ home kitchens. As well as being certified gluten-free, the items are a great source of fiber and soy- and dairy-free. The suggested retail prices are $5.99 for a 9.3-net-ounce package of sandwich rolls or a 5.3-net-ounce package of dinner rolls, and $6.99 for a 14.1-net-ounce package of bread or a 10.6-net-ounce package of baguettes. ....