Hain Celestial has revealed plans to sell private-label ready-meal assets in the UK, which were acquired in October when the US food firm bought local firm Daniels Group.

Several “strategic parties” have expressed an interest in acquiring the own-label chilled ready meals unit, Hain Celestial said.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The business is now being reported as a discontinued operations. Its sales were not included in the company’s third-quarter results, which were announced yesterday (3 May). During quarter, the division’s net sales were US$21m and operating income reached $94,000. 

Hain Celestial’s third-quarter results included “record” net income of $24.1m, up from $16.8m the year before. The company also announced its acquisition of Irish soup firm Cully & Sully.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now