NEW YORK — Private investment firm Aterian Investment Partners has completed the acquisition of Hain Pure Protein from The Hain Celestial Group Inc. The Company has identified approximately 500 SKUs, with approximate annual sales of $15 million, that will be discontinued in this program. The Hain Celestial Group is a leading organic and natural products company with operations in North America, Europe and India. We see increasing demand for quality kosher poultry, and in order for Hain Pure Protein to meet this growing demand for natural, antibiotic-free, vegetarian-fed, kosher chicken and turkey products, the plant will be closed for production at the end of December with an expected reopening in approximately eight weeks with the facility adapted for new kosher production. Hain Celestial has reportedly been for sale for about a year, and a divestiture of its poultry operations could make a sale of the diversified company more feasible. Faced with an unwieldy array of products — some of which are only marginally profitable — Hain launched Project Terra in 2016 to streamline its massive product portfolio and invest in its top 500 U.S. products in order to improve performance. The Hain Celestial Group Inc., a leading organic and natural products company with operations in North America, Europe and India providing consumers with “A Healthier Way of Life,” announced the acquisition of the remaining approximately 80% that it did not already own of EK Holdings Inc. and its wholly-owned subsidiary, Empire Kosher Poultry Inc. based in Mifflintown, Pa. Mark Schiller, Hain's president and CEO, said in a release the divestiture is a step toward simplifying the business as the company aggressively pursues margin enhancing initiatives. The USDA’s Agricultural Marketing Service alleges that between November 2017 and March 2018, Hain Celestial failed to pay poultry growers in full due to changes in contract payment rates which occurred after the placement of poultry on poultry growers’ farms. As a result of the foregoing and other factors, no assurance can be given as to future results, levels of activity and achievements and neither the Company nor any person assumes responsibility for the accuracy and completeness of these statements. Our Departments. Hain established H.P.P. Hain Celestial participates in almost all natural food categories with well-known brands that include Celestial Seasonings®, Terra®, Garden of Eatin'®, Health Valley®, WestSoy®, Earth's Best®, Arrowhead Mills®, MaraNatha®, SunSpire®, DeBoles®, Hain Pure Foods®, FreeBird(TM), Plainville Farms®, Hollywood®, Spectrum Naturals®, Spectrum Essentials®, Walnut Acres Organic®, Imagine®, Rice Dream®, Soy Dream®, Rosetto®, Ethnic Gourmet®, Yves Veggie Cuisine®, Granose®, Realeat®, Linda McCartney®, Daily Bread(TM), Lima®, Grains Noirs®, Natumi®, JASON®, Zia® Natural Skincare, Avalon Organics®, Alba Botanica®, Queen Helene®, Tushies® and TenderCare®. Production on the new kosher line is expected to begin in late February, 2009, and as a result of the conversion, it is currently anticipated that the total number of employees will increase. Irwin Simon, chairman, president and chief executive officer of Hain Celestial, said H.P.P. Zu den Segmenten des Unternehmens gehören die Vereinigten Staaten, Großbritannien und der Rest der Welt. Plant-based is the hottest trend in food today, and many companies are getting into the space as consumers become more interested in the health halo the products provide. Our mission is to be the leading marketer, manufacturer and seller of organic and natural, better-for-you products. The Hain Celestial Group is a leading organic and natural products company with operations in North America, Europe and India. Hain Pure Protein Corporation was formed in July, 2005 to establish FreeBird Chicken, which specializes in natural, organic and antibiotic-free chickens. The Hain Celestial Group, Inc. is an American food company whose main focus is foods and personal care products. The Hain Celestial Group Inc. has signed a settlement agreement with the U.S. Department of Agriculture (USDA) over allegations that the organic and natural food giant failed to pay poultry growers more than $500,000. 46 … HAIN CELESTIAL GROUP Fundamentalanalyse - hier erhalten Sie eine Analyse der HAIN CELESTIAL GROUP Aktie nach fundamentalen Kennzahlen wie KGV, relative Performance, Mittelfrist-Trend usw. May 17 – May 20, 2021, postponed the release of its earnings report, control of activist investor Engaged Capital, General Mills paid for legacy organic brand Annie's, Hain Celestial Enters Into Definitive Agreement to Sell Hain Pure Protein, Hain Celestial Reports Third Quarter Fiscal Year 2019 Financial Results, 'It's our Super Bowl': How food manufacturers are preparing for an unorthodox holiday season, 2020's 10 biggest M&A deals in the food and beverage industry, FDA approves GMO pork, but there's no determination if it's safe for those with allergies to eat, Frozen food sales soar with homebound consumers during pandemic, Eat Beyond aims to change the way people invest in protein alternatives, Optimizing Food & Beverage Plant Manufacturing During a Time of Disruption. Boasting the perfect everyday eco-luxe solution to achieve clean beauty, Fountain of Truth™ helps to achieve a radiant, more youthful looking … For more information, visit www.pcalp.com. The decline to $14.45 per share was the organic and natural food company's lowest price since October 2011, according to Bloomberg. Their products range from herbal teas, offered through their Celestial Seasonings brand, to chickens from the FreeBird brand. Topics covered: manufacturing, packaging, new products, R&D, and much more. Hain Pure Protein Corporation Announces the Expansion of its Poultry Operations in New York State, California Transparency in Supply Chains Act. We are committed to growing sustainably while continuing to implement environmentally sound business practices and manufacturing processes. Want to share a company announcement with your peers? The employees who have made our Plainville turkey operation the success it is today will be welcomed back at the commencement of kosher production.". The free newsletter covering the top industry headlines, By signing up to receive our newsletter, you agree to our. 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