Hain Celestial acquires Daniels

Hain Celestial, a US-based natural and organic products company, has acquired UK-based natural chilled foods, freshly prepared fruit products and chilled ready meals manufacturer Daniels in a deal worth $230m.

The company’s president and CEO Irwin D Simon said that the strategic acquisition of Daniels from parent company SATS extends Hain Celestial’s presence into one of the fastest-growing healthy food segments in the UK.

"We will also look to expand the distribution of certain Daniels brands throughout the rest of Europe, utilising our European-based sales force," Simon added.

Daniels has six facilities in the UK and its leading brands include New Covent Garden Soup, Johnson’s Juice and Farmhouse Fare.