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Hain Celestial acquires sweet spreads and jellies business of Premier Foods
date:Oct 31, 2012
Hain Celestial, a US-based natural and organic food products company, has completed the acquisition of the sweet spreads and jellies business of UK-based Premier Foods in a 200m cash-and-stock deal.

The transaction consists of 170m in cash and 836,426 shares of Hain Celestial common stock that are valued at 30m.

Besides acquiring Premier Foods' manufacturing base in Cambridgeshire, the deal includes brands such as Hartley's jams and marmalades, Sun-Pat peanut butter, Gale's honey, Robertson's

12/23 03:00