Hain Celestial, the US food group, has joined forces with Chinese healthcare group Hutchison China Meditech to make natural and organic infant nutrition products.
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The 50:50 venture, dubbed Hutchison Hain Organic Holdings, will see Hain’s Chinese partner – also known as Chi-Med – distribute infant and toddler feeding products co-branded under the Earth’s Best and Zhi Ling Tong brand names.
Chi-Med will also handle selected Hain brands in China and other markets, the two sides said today (8 October).
“We have established a strong foundation for our brands in North America and Europe and look to deepen our franchise and widen our reach into China and Asia,” Hain president and CEO Irwin Simon said.
Chi-Med CEO Christian Hogg said his company would look to “tap into Hain Celestial’s know-how” in infant nutrition.
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By GlobalDataHogg said: “The joint venture leverages Chi-Med’s extensive China distribution network and significantly adds to our platform in infant nutrition, one of China’s fastest growing categories.”
