Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives

Hain Celestial completes divesture of Westbrae Natural brand

FoodBev Media 2022-12-20
Share       
Tag: Top story

Hain Celestial has completed the sale of its US canned food brand, Westbrae Natural, to Bush Brothers & Company, as it simplifies its North American portfolio.

Known for its baked beans, US-based Bush Brothers produces a range of bean-based commodities. Westbrae Natural was acquired by Hain Celestial in 1997 and its products include soups, non-dairy beverages and canned beans.

The transaction will allow Hain Celestial to focus resources on driving distribution and expanding innovation on “priority brands”.

Hain Celestial’s president and CEO, Mark Schiller, said: “In our continuing journey to simplify the company and focus on the brands and categories with growth potential in line with our strategic direction, we are pleased to announce the divestiture of the Westbrae Natural brand to Bush Brothers”.

“The divestiture of this non-strategic brand represents another important step in simplifying our North American portfolio while improving our future growth profile, margins and cash flow.”

Last year saw Hain Celestial complete the divesture of its Dream and WestSoy brands to Sun Opta for $33 million. The group also sold its UK fruit business – which includes Orchard House Foods and associated brands – to private equity firm Elaghmore.

The financial terms of the Westbrae Natural deal were not disclosed.

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

Recommended Products

Consumer Goods

Consumer Goods

Yusweet powdery xylitol

Yusweet powdery xylitol

half closed starch sifter

half closed starch sifter

Aloe Vera Hard Capsule

Aloe Vera Hard Capsule

ASP200 Aseptic Filling Machine

ASP200 Aseptic Filling Machine

Probiotic Powder Solid

Probiotic Powder Solid

Potato starch machine

Potato starch machine

ARA POWDER 10%

ARA POWDER 10%

Mixed tocopherols(50%-95%)EU

Mixed tocopherols(50%-95%)EU

GM-020 probiotic capsules

GM-020 probiotic capsules

Pneumatic ball valve thin

Pneumatic ball valve thin

Ddym ink pad printing machine

Ddym ink pad printing machine

Top

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121