Hain Celestial acquires non-dairy German company
February 26, 2004
The Hain Celestial Group, Inc., has announced that its Belgian subsidiary has acquired Natumi AG, a German producer of non-dairy beverages and desserts marketed principally to retail channels in Europe, according to PRNewswire. The acquisition adds Natumi''s "Milkfree" brand to the Hain Celestial portfolio and gives the company the ability to produce its own non-dairy beverages and desserts in Europe, meeting the growing demand for non-dairy products. The Hain Celestial Group, headquartered in Melville, NY, is a natural, specialty and snack food company.