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Hain Celestial acquires UK juice firm Orchard House

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Hain Celestial has announced the acquisition of UK fruit juice and fruit dessert firm Orchard House.

Hain Celestial has acquired UK firm Orchard House

Hain Celestial has acquired UK firm Orchard House

The deal, which was announced earlier this week, remains subject to competition clearance in the UK. Financial terms behind the transaction were not disclosed.

"Orchard House provides us with the opportunity to expand fruit product offerings into continental Europe, as well as new product development with cold pressed juice and branded fruit product offerings in the UK," said Hain Celestial president & CEO, Irwin Simon. "Additionally, we expect sales and operating efficiencies in terms of fruit procurement across our businesses around the world.

"We also believe there may be opportunities to leverage Orchard House's expertise into new branded product offerings in fruit, juice and bars under the Ella's Kitchen, Hartley's, Johnson's Juice Co. and Sun-Ripe brands."

Hain Celestial expects between approximately $60m and $65m in net sales and modest accretion to its earnings from Orchard House in the US group's 2015/2016 financial year, which runs to the end of June.

Orchard House MD James Skidmore will subsequently join Hain Celestial, reporting in to Jeremy Hudson, CEO of UK-based subsidiary Hain Daniels Group.

Hudson said: "Orchard House brings new capacity and opportunities for accelerated growth across a number of categories, including the development of our existing branded ranges and new brands presently being prepared for launch."

Hain Celestial's UK business includes Johnson's Juice Co.

Orchard House, owned by Wellness Foods, supplies fresh fruit, patisserie and fruit juice to retailers, convenience stores and the foodservice sector in the UK. It has manufacturing sites in Corby and Gateshead.


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