Hain Celestial: An Organic and Natural Products Focus

The Hain Celestial Group is a foremost organic and natural products company based in Lake Success, New York. The Company manufactures, markets, distributes, and sells organic and natural products in the U.S., the UK, Canada, and Europe. It has operations in North America, Europe and India.

Hain Celestial brands include Alba Botanica; Arrowhead Mills; Avalon Organics; Bearitos; BluePrint Organic; Candle Café Vega; Casbah; Celestial Seasonings; DeBoles; Dream; Earth’s Best Organic; Ella’s Kitchen; Empire Kosher; FreeBird; GG Unique Fiber; Hain Pure Foods; Health Valley; Hollywood; Imagine; and Garden of Eatin’.

Moreover, its brands include Jason; Live Clean; MaraNatha; Nile Spice; Plainville Farms; Queen Helene; Rudis Organic Bakery; Sensible Portions; Spectrum; SunSpire; Terra Real Vegetable Chips; The Greek Gods; Tilda Legendary Rice; Walnut Acres Organic; Westbrae Natural; Yves Veggie Cuisine, and Westsoy, as well as others.

Regarding the Terra brand, Whole Foods Market has recognized Terra as one of its leading snack brands by awarding them the 2016 Supplier Award for best new product for Terra Chips in partnership with its Seed Savers Exchange.

Hain Celestial products are found in more than 70 countries. The Company’s worldwide Net Sales were approximately $2.7 billion for the fiscal year ended June 30, 2015. Hain Celestial has approximately 6,500 employees. The Company has 36 manufacturing facilities.

The Company recently announced that all flavors of Dream® Non-Dairy Yogurt earned verification from the Non-GMO Project. The products include Almond Dream® and Coconut Dream™ refrigerated non-dairy yogurts, which contain live and active cultures. The Non-GMO Project is a mission-driven nonprofit organization devoted to building and protecting a non-GMO food supply.

Mr. Basel Nassar, Chief Operating Officer (COO) of Hain Refrigerated Foods Division, said, “The Non-GMO Project is such a trusted organization and provides a rigorous approval process from ingredient sourcing through manufacturing to ensure that genetically modified organisms (GMOs) are not intentionally added to products. We are proud to carry their seal on our products.”

For Q3 2016, Hain Celestial reported that global Net Sales increased 13% (15% in constant currency). Net Sales for Q3 were $750 million versus $663 million in the prior year’s Q3.

Concerning Hain Celestial Canada, the Company said that it continued to perform well despite currency. Robust performance came from its meat-free Yves offering, Sensible Portions and Terra Chips. The Hain Pure Protein business increased 37% over the year prior. Its Plainville Farms brand increased 30%, and its FreeBird brand grew 11%. The Company’s Q3 performance showed a return to growth for Hain Celestial U.S. Its Q3 Net Sales were up 2.4% (up 2.7% on a constant currency basis).

Acquisitions had an impact on Hain Celestial Net Sales. Its Orchard House, Mona Group, Empire, Kosher and Belvedere acquisitions represented $93.5 million of Net Sales in Q3, versus $18 million in the year prior.

Recently, The Hain Celestial Group announced the acceptance by the Competition and Markets Authority (CMA) of Hain Celestial’s task to sell its own-label freshly squeezed fruit juice business, including the related Headcorn facility and the approved sale of the business to Multiple Marketing Ltd.  The own-label juice business produced roughly £20 million in Net Sales for year ended June 30, 2016.