Hain Celestial Group

The Hain Celestial Group
Public
Traded as NASDAQ: HAIN
Industry Foodstuffs, personal care products, and meat alternative products
Founded 1993
Headquarters Lake Success, New York, USA
Key people
 Irwin D. Simon, President and CEO
Revenue Increase$2.15 Billion USD (2014)
Number of employees
 2,986 (2008 figure)
Website www.hain-celestial.com

The Hain Celestial Group is an American food company whose main focus is foods and personal care products. Their products range from herbal teas, offered through their Celestial Seasonings brand, to chickens from the FreeBird brand. They also provide whole grain foods through Arrowhead Mills. The company assumed its current form in May 2000 through the merger of the Hain Food Group with Celestial Seasonings, Inc.

History

The H. J. Heinz Company acquired 19.5% of the company in 1999,[1] but subsequently divested itself of all holdings in 2005.[2] On May 7, 2002, the company prior year periods had been restated by reclassifying promotional allowances and other sales incentives of $16.8 million in the third quarter of 2001.[3] On January 13, 2014, the company acquired the rice company Tilda for $357 Million.[4]

Controversy over personal care products in California court

In 2013 Hain Celestial became the target of an ongoing class action lawsuit regarding allegations of falsely labeling their personal care products (including Celestial Seasonings) as 'organic' under California law (California Products Act of 2003) to mislead consumers into purchasing them.[5][6][7][8] According to Glaucas Research Group and Eurofins, many of these products, including beverages, are filled with high levels of pesticide, far above US federal limits.[9]

Companies

Beverages

  1. Celestial Seasonings
  2. Mountain Sun
  3. Rice Dream
  4. Soy Dream
  5. Almond Dream
  6. WestSoy
  7. BluePrint
  8. Joya
  9. Happy Soya/Rice/Oats/Almonds

Foods & Snacks

  1. Arrowhead Mills
  2. Bearitos
  3. Boston's
  4. Breadshop
  5. Casbah
  6. DeBoles
  7. Earth's Best
  8. Ethnic Gourmet
  9. Garden of Eatin'
  10. Grains Noirs
  11. Hain Pure Foods
  12. Hain Pure Snax
  13. Harry's Premium Snacks
  14. Health Valley
  15. Hollywood
  16. Imagine Foods
  17. Lima
  18. Linda McCartney Foods
  19. Little Bear Snack Foods
  20. MaraNatha
  21. Milkfree - a sub-brand of Natumi
  22. Natumi
  23. Nile Spice
  24. Rudi's Organic Bakery
  25. Rudi's Gluten-Free Bakery
  26. Rosetto
  27. Sensible Portions
  28. Spectrum Essentials
  29. Spectrum Naturals
  30. Terra Chips
  31. The Greek Gods
  32. Walnut Acres Organic
  33. Westbrae Natural
  34. Yves Veggie Cuisine

Hain Pure Protein

  1. FreeBird

Specialty

  1. ALBA - non-fat dry milk, shake, and hot cocoa products
  2. Estee - sugar-free and fructose-sweetened foods

Personal Care

  1. Alba Botanica
  2. Avalon Natural Products
  3. Batherapy
  4. Footherapy
  5. Heather's Naturals
  6. JĀSÖN Natural Cosmetics
  7. Orjene Organics
  8. Queen Helene
  9. Shaman Earthly Organics
  10. Zia Natural Skincare

See also

References

  1. ↑ Heinz to Purchase Additional Equity in Hain Celestial to Restore Investment Level to 19.5 Percent
  2. ↑ Howard, Philip H (Winter 2009). "Organic Industry Structure". Media-N: Journal of the New Media Caucus 5 (3). Retrieved 2012-01-02. 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.
  3. ↑ "The Hain Celestial Group Reports Third Quarter Results.".
  4. ↑
  5. ↑ "Organic Product Lawsuit: Center for Environmental Health Sues Dozens". Joanna Lin. The Huffington Post California. June 20, 2011. Retrieved November 14, 2014.
  6. ↑ https://www.truthinadvertising.org/wp-content/uploads/2013/11/Von-Slomski-v.-The-Hain-Celestial-Group-.pdf
  7. ↑ "Hain Celestial Buyers Seek Class Cert. On 'Organic' Claims". Beth Winegarner. Law360. November 6, 2014. Retrieved November 14, 2014.
  8. ↑ "Hain Mini-Waffles 'Natural' Label Could Mislead, Judge Says". Beth Winegarner. Law360. September 17, 2014. Retrieved November 14, 2014.
  9. ↑ https://glaucusresearch.com/wp-content/uploads/downloads/2013/02/GlaucusResearch-The_Hain_Celestial_Group_Inc-NasdaqHAIN-Strong_Sell_Febuary_21_2013.pdf

External links

Wikimedia Commons has media related to Hain Celestial Group.
This article is issued from Wikipedia - version of the Friday, April 29, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.