View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 25, 2004

GERMANY/USA: Hain Celestial acquires Germany’s Natumi

US natural and organic food company Hain Celestial has announced that its Belgian subsidiary has acquired Natumi, a German producer of non-dairy beverages and desserts marketed principally to retailers in Europe.

US natural and organic food company Hain Celestial has announced that its Belgian subsidiary has acquired Natumi, a German producer of non-dairy beverages and desserts marketed principally to retailers in Europe.

The acquisition adds Natumi’s “Milkfree” brand to Hain Celestial’s product portfolio and gives the company the facility to produce its own non-dairy beverages and desserts in Europe, meeting the growing demand for non-dairy products, the company said.

The purchase price of the Natumi business was not disclosed, and Hain Celestial said the anticipated rises in revenue and income are not expected to be material in the coming year.

Related Companies

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Food