Blog: Dean BestHain Celestial's new challenge in the UK

Dean Best | 25 October 2011

Hain Celestial today (25 October) confirmed speculation that it could buy UK chilled foods firm Daniels Group by announcing a US$230m deal for the New Covent Garden soup maker.

The US company has added New Covent Garden and desserts brand Farmhouse Fare to a product line-up that includes the Linda McCartney meat-free range.

In typically confident fashion, Hain Celestial president and CEO Irwin Simon said the acquisition would create a "powerhouse" in the UK chilled and frozen food sector.

Certainly, New Covent Garden is a well-known brand of chilled soups but it has faced some tough competition and was relaunched two months ago in a bid to revitalise sales.

The likes of Tesco and Morrisons have also recently revamped their own-label chilled soup ranges and the category can be driven by promotions.

Hain Celestial, which has had an up-and-down time in the UK, could have another challenge on its hands.


BLOG

Another reshuffling of pack at Hain Celestial

Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....

BLOG

FrieslandCampina looking to sell final non-dairy asset

FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....

BLOG

just-food back up and running

To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....

BLOG

Storm Doris causes power outage at just-food

Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....

just-food homepage



Forgot your password?