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 |
 $2.15 Billion USD (2014) |
Number of employees | 2,986 (2008 figure) |
| Website |
www |
The Hain Celestial Group is a 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
- Celestial Seasonings
- Mountain Sun
- Rice Dream
- Soy Dream
- Almond Dream
- WestSoy
- BluePrint
Foods & Snacks
- Arrowhead Mills
- Bearitos
- Boston's
- Breadshop
- Casbah
- DeBoles
- Earth's Best
- Ethnic Gourmet
- Garden of Eatin'
- Grains Noirs
- Hain Pure Foods
- Hain Pure Snax
- Harry's Premium Snacks
- Health Valley
- Hollywood
- Imagine Foods
- Lima
- Linda McCartney Foods
- Little Bear Snack Foods
- MaraNatha
- Milkfree - a sub-brand of Natumi
- Natumi
- Nile Spice
- Rudi's Organic Bakery
- Rudi's Gluten-Free Bakery
- Rosetto
- Sensible Portions
- Spectrum Essentials
- Spectrum Naturals
- Terra Chips
- The Greek Gods
- Walnut Acres Organic
- Westbrae Natural
- Yves Veggie Cuisine
Hain Pure Protein
- FreeBird
Specialty
- ALBA - non-fat dry milk, shake, and hot cocoa products
- Estee - sugar-free and fructose-sweetened foods
Personal Care
- Alba Botanica
- Avalon Natural Products
- Batherapy
- Footherapy
- Heather's Naturals
- JĀSÖN Natural Cosmetics
- Orjene Organics
- Queen Helene
- Shaman Earthly Organics
- Zia Natural Skincare
References
- ↑ Heinz to Purchase Additional Equity in Hain Celestial to Restore Investment Level to 19.5 Percent
- ↑ 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.
- ↑ "The Hain Celestial Group Reports Third Quarter Results.".
- ↑
- ↑ "Organic Product Lawsuit: Center for Environmental Health Sues Dozens". Joanna Lin. The Huffington Post California. June 20, 2011. Retrieved November 14, 2014.
- ↑ https://www.truthinadvertising.org/wp-content/uploads/2013/11/Von-Slomski-v.-The-Hain-Celestial-Group-.pdf
- ↑ "Hain Celestial Buyers Seek Class Cert. On 'Organic' Claims". Beth Winegarner. Law360. November 6, 2014. Retrieved November 14, 2014.
- ↑ "Hain Mini-Waffles 'Natural' Label Could Mislead, Judge Says". Beth Winegarner. Law360. September 17, 2014. Retrieved November 14, 2014.
- ↑ https://glaucusresearch.com/wp-content/uploads/downloads/2013/02/GlaucusResearch-The_Hain_Celestial_Group_Inc-NasdaqHAIN-Strong_Sell_Febuary_21_2013.pdf
External links
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