Hain Celestial

Hain Celestial NASDAQ

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Stock market

Hain Celestial Celebrates 30th Anniversary on the NASDAQ Exchange

Better-for-you brand manufacturer, The Hain Celestial Group, Inc. (NASDAQ: HAIN), celebrates its 30th anniversary of being listed on the NASDAQ. The occasion was marked by president and CEO Wendy Davidson, alongside Hain’s Executive Leadership team, ringing the Closing Bell at NASDAQ in Times Square, New York, on January 4, 2024. Davidson stated, “Today marks a significant milestone and a pivotal turning point in our company’s history. Our purpose is to inspire healthier living for people, communities, and the planet. We are proud and honored to celebrate with NASDAQ during Wellness Week to recognize our important role as a leader in better-for-your brands.” For 30 years, Hain Celestial has continued to grow its presence in the natural and organic space through brand acquisitions and now has …

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Hain Celestial brands

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Company News

Hain Celestial, Owner of Yves Veggie Cuisine & Linda McCartney’s, Reports Increased Sales and Market Share in Plant-Based Category

Global food and personal care company Hain Celestial recently disclosed its financial performance for the previous fiscal quarter and outlined first-quarter expectations for 2024, with a notable focus on the positive outcomes within its meat-free category, demonstrating increased sales and market share. While based in the US, Hain Celestial has a global presence, marketing and selling products in over 75 countries. The company focuses on natural and organic offerings, including plant-based products under well-known brands like Yves Veggie Cuisine, founded by Yves Potvin also of Konscious Foods; Earth’s Best and Imagine Foods in North America; Joya and Lima in Europe; and Linda McCartney’s in the UK.  Despite a decrease in net sales, attributed primarily to challenges in the baby and kids categories due to industry-wide …

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Beverages

SunOpta Acquires Dream and WestSoy Plant-Based Beverage Brands For $33 million

SunOpta Inc., a leading healthy food and beverage company focused on plant-based foods and beverages and fruit-based foods and beverages, today announced the acquisition of the Dream® and WestSoy® plant-based beverage brands from The Hain Celestial Group, Inc, with a purchase price of $33 million. The acquired brands will add to SunOpta’s Plant-Based Foods and Beverages segment. The Dream brand is the #2 brand of shelf-stable, plant-based milks, originally launched in 1982. SunOpta currently produces approximately 50% of the Dream product portfolio and has done so for over a decade. The WestSoy brand is the only branded shelf stable soy beverage with a USDA organic certification and the American Heart Association certification of a heart-healthy product. Available at many leading national retailers, SunOpta currently produces …

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Hain Celestial logo

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Company News

Hain Celestial Sells Vegan Protein Division WestSoy

The organic food manufacturer Hain Celestial has announced that it has completed the sale of its WestSoy® branded meat replacement product line to Keystone Natural Holdings. This applies to its entire tofu, seitan, and tempeh product range. The company’s vegan beverage business, which is also sold under the WestSoy® brand name, will remain with Hain Celestial. According to managing director Mark L. Schiller, the sale of the meat alternatives product division is a strategic step towards concentrating the company’s own-brand portfolio more strongly and thus generating sustainable growth for the company. No further details of the business transaction were published. Hain Celestial Group, Inc., based in Lake Success, NY, is one of the leading organic and natural product companies in North America, Europe, Asia, and …

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