Company type | Public company |
---|---|
Industry |
|
Founded | 1993 |
Headquarters | Hoboken, New Jersey, U.S. |
Number of locations | Products sold in 75 countries worldwide |
Area served |
|
Key people | Wendy Davidson (CEO) Lee Boyce (CFO) |
Revenue | US$1.80billion (2023) |
Total assets | US$2.26 billion (2023) |
Number of employees | 3,087 (June 30, 2021) |
Subsidiaries | Hain Daniels |
Website | hain |
Footnotes /references [1] [2] [3] [4] [5] [6] |
The Hain Celestial Group, Inc. is an international food and personal-care company based in the United States. Its products include natural foods and organic personal-care items. Founded in 1993 as Hain Food Group, it changed its name to Hain Celestial Group after merging with Celestial Seasonings in 2000. It is publicly traded on the NASDAQ with brands that include Ella's Kitchen, Frank Cooper's, and Linda McCartney Foods.
Hain Celestial Group was founded by Irwin D. Simon in 1993. [7] It was originally called Hain Food Group when founded, making acquisitions of other companies that included Barricini Foods and Kineret. It went public on the NASDAQ in 1993. [8]
The H. J. Heinz Company acquired 19.5% of the company in September 1999, [9] subsequently divested its holdings in the company in 2005. [10] Hain purchased Celestial Seasonings in 2000 for a deal valued at approximately $390 million. [11] It subsequently changed its name to Hain Celestial Group. [8] In 2002, it restated prior years promotional allowances and other sales incentives of $16.8 million. [12]
By 2012, Hain was the world's largest natural food company with $1.4 billion in revenue. [8] By 2013, it owned approximately 50 brands and offered 5,000 products internationally. [13] The same year, it was one of 25 companies named in a class action lawsuit alleging false labeling of its personal care products under California law. [14] [15] [16] [17] It settled the lawsuit in 2015, paying $7.5 million in compensation with an additional $2.4 million worth of coupons to consumers. [18] [19] [20]
In 2015 the company acquired the non-dairy company Mona Naturprodukte Gmbh with its brand Joya. [21] In June 2018, Hain Celestial announced that CEO Irwin Simon would step down. [22] He was replaced by Mark Schiller who became the company's president and CEO unil January 2023 when he was replaced by Wendy Davidson. [23] The company moved its headquarters to Hoboken, New Jersey in 2023. [6]
Hain Celestial Group sells natural and organic foods as well as personal-care brands [24] through retailers such as Whole Foods, Costco, Wal-Mart, and other mass-market grocery stores. [13] Its food brands have included Celestial Seasonings, Terra vegetable chips, Earth's Best, Sensible Portions, ParmCrisps, and Thinster snacks. [25]
The H. J. Heinz Company was an American food processing company headquartered at One PPG Place in Pittsburgh, Pennsylvania. The company was founded by Henry J. Heinz in 1869. Heinz manufactures thousands of food products in plants on six continents, and markets these products in more than 200 countries and territories. The company claims to have 150 number-one or number-two brands worldwide. Heinz ranked first in ketchup in the US with a market share in excess of 50%; the Ore-Ida label held 46% of the frozen potato sector in 2003.
The J.M. Smucker Company, also known as Smuckers, is an American manufacturer of food and beverage products. Headquartered in Orrville, Ohio, the company was founded in 1897 as a maker of apple butter. J.M. Smucker currently has three major business units: consumer foods, pet foods, and coffee. Its flagship brand, Smucker's, produces fruit preserves, peanut butter, syrups, frozen crustless sandwiches, and ice cream toppings.
Lunchables is an American brand of food and snacks manufactured by Kraft Heinz in Chicago, Illinois, and marketed under the Oscar Mayer brand. They were initially introduced in Seattle in 1988 before being released nationally in 1989. Many Lunchables products are produced in a Garland, Texas, facility, and are then distributed across the United States.
Celestial Seasonings is an American tea company based in Boulder, Colorado, United States. The company specializes in herbal teas but also sells green, white, black, and chai teas. Founded in 1969, it is a subsidiary of Hain Celestial Group.
Hunt's is the name of a brand of preserved tomato products owned by Conagra Brands. The company was founded in 1888, in Sebastopol, California, as the Hunt Bros. Fruit Packing Co., by Joseph and William Hunt. The brothers relocated to nearby Santa Rosa in 1890, and then to Hayward in 1895. This small canning operation grew rapidly, focused on canning the products of California's booming fruit and vegetable industries. By 1941, the plant shipped a hundred million cans of soup, fruits, vegetables, and juices annually.
Kraft Foods Inc. was a multinational confectionery, food and beverage conglomerate. It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. Forty of its brands were at least a century old.
Arrowhead Mills is a brand of organic baking mixes, grains, and, cereals.
Shearer's Foods, LLC is a U.S. manufacturer and distributor of snack foods. Founded in 1974 as Shearer's Snacks, it is headquartered in Brewster, Ohio.
Frito-Lay, Inc. is an American subsidiary of PepsiCo that manufactures, markets, and sells corn chips, potato chips, and other snack foods. The primary snack food brands produced under the Frito-Lay name include Fritos corn chips, Cheetos cheese-flavored snacks, Doritos and Tostitos tortilla chips, Lay's and Ruffles potato chips, Rold Gold pretzels, and Walkers potato crisps. Each brand generated annual worldwide sales over $1 billion in 2009.
Linda McCartney Foods is a British food brand specializing in vegetarian and vegan food. Available in the UK, as well as Norway, Ireland, Austria, Australia, South Africa and New Zealand, the range includes chilled and frozen meat analogues in the form of burgers, sausages, sausage rolls, meatballs, stir-fry dishes and pastas.
Empire Kosher Poultry, Inc. is the largest producer of kosher poultry in the United States. The company's headquarters, hatchery and processing facility are located in Mifflintown, Pennsylvania.
Ella's Kitchen is a company that makes organic baby and toddler food, sold in through retail and e-commerce internationally. Founded in 2006, the company was purchased by Hain Celestial Group in 2013.
Mondelez International, Inc., styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. It ranked No. 108 in the 2021 Fortune 500 list of the largest United States corporations by total revenue.
The Kraft Heinz Company (KHC), commonly known as Kraft Heinz, is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh. Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the world with over $26.0 billion in annual sales as of 2021.
B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey. The company was formed in 1996 to acquire Bloch & Guggenheimer, a Manhattan-based producer of pickles, relish and condiments which had been founded in 1889.
Aphria Inc., headquartered in Leamington, Ontario, is an international producer and distributor of medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 additional countries outside of Canada. Aphria offers multiple products under a portfolio of recreational cannabis brands, including Good Supply, B!NGO, Solei, RIFF, and Broken Coast. In November 2020, Aphria acquired SweetWater Brewing Company, one of the largest craft breweries in the USA.
Heinz acquired a 19.5% stake in Hain Celestial in 1999 while also transferring ownership of their Earth's Best brand, but sold all of its Hain Celestial stock in 2005.