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Hain Celestial acquires Ella's Kitchen.

The Hain Celestial Group, Inc., Lake Success, NY, has acquired Ella's Kitchen Group Limited and has formed a Global Infant, Toddler & Kids Division under Hain Celestial U.S. Ella's Kitchen, based in Henley, U.K., is a manufacturer and distributor of premium organic baby food under the Ella's Kitchen brand and the first company to offer baby food in convenient flexible pouches. Ella's Kitchen offers a range of 80 branded organic baby food products principally in the U.K., the U.S. and Scandinavia.

Ella's Kitchen generated approximately $70 million in sales in calendar year 2012 and is expected to be accretive to Hain Celestial's earnings in fiscal year 2014. Details of the transaction were not disclosed.

Paul Lindley, founder of Ella's Kitchen, will become CEO of the new Global Infant, Toddler & Kids Division at Hain Celestial U.S., with responsibility for Hain Celestial's Earth's Best brand as well as the newly acquired Ella's Kitchen brand. Mr. Lindley will report to John Carroll, executive vice president and CEO, Hain Celestial U.S.
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Title Annotation:Industry News
Publication:Nutraceuticals World
Geographic Code:4EUUK
Date:Jun 1, 2013
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