Hain Celestial has taken control of its Hain Pure Protein venture from partner Pegasus Capital Advisors in a US$40m deal.

The US group has bought the remaining 51.3% in the business it did not own.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Hain Pure Protein produces organic and antibiotic-free poultry for the US market.

“We are very excited about the strategic acquisition of HPP. Our joint venture has successfully grown from incubation to over US$200m in net sales by focusing on antibiotic-free and organic poultry,” Hain president and CEO Irwin Simon said.

Jay Lieberman, COO of HPP, will continue to be responsible for its day-to-day operations.

See Also:

“We expect to deliver synergies through increased sales growth and cost efficiencies by effectively leveraging Hain Celestial’s broader scale, as we have successfully demonstrated with our previous acquisitions,” Simon added.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This is a great category for us. We view HPP’s product offerings as a complement to our existing product portfolio and a platform from which we can expand our snacks and other Hain Celestial’s product offerings into food service, and we will continue to pursue other accretive strategic acquisitions for Hain Celestial in growing categories in the natural and organic sector.”