Hain Celestial Takes Strategic Actions to Simplify Portfolio & Operating Footprint to Reduce Complexity, Strengthen Balance Sheet

07.08.2025 - 18:06:47

The Hain Celestial Group New Jersey

cookie brand in April, enabling the company to remove a non-core brand and category from its Snacks business and utilize cash proceeds to pay down debt.And in the Baby/Kids and Beverages categories, Hain is adjusting its portfolios as part of ongoing brand maintenance.

Operating Footprint Simplification to Reduce Supply Chain Complexity
Hain is also streamlining its operating footprint and leveraging synergies across the business to drive scale as the company focuses in five core geographies: the U.S., Canada, UK, Ireland and Western Europe.

Within Personal Care, Hain announced today that it is consolidating its manufacturing footprint down to one facility and eliminating five co-manufacturers from the network. This initiative will help to expand overall gross margins through improved capacity utilization and lower manufacturing costs. The phased approached is expected to be completed in late summer/early fall 2024.In Snacks, the Thinsters® divestiture enabled Hain to reduce its distribution center needs by two and removed a co-manufacturer from its network, generating annualized cost savings.In Meal Prep, Hain consolidated its Yves® Plant-Based (Meat Free) manufacturing plants in Canada in late fiscal 2023. This move has enabled greater capacity utilization and delivered overall operational efficiencies and focus for the Yves brand.In April, Hain ceased all production and operations within its non-strategic joint venture in India, which further streamlines the company's manufacturing footprint. Hain will continue to supply products in the IMEA region through the International operating segment.

As Hain is in the foundational year of its Hain Reimagined strategy, the company is continuing to identify opportunities to further simplify and streamline the business through optimizing its operating model, leveraging synergies and scale and continuing to focus on shaping a winning portfolio. These efforts will unlock savings to further de-leverage the balance sheet and reinvest in brand building, channel expansion and innovation. Hain will share more details during the Q3 2024 earnings call on May 8, 2024.

About The Hain Celestial Group
Hain Celestial Group is a leading health and wellness company whose purpose is to inspire healthier living for people, communities and the planet through better-for-you brands. For more than 30 years, our portfolio of beloved brands has intentionally focused on delivering nutrition and well-being that positively impacts today and tomorrow. Headquartered in Hoboken, N.J., Hain Celestial's products across snacks, baby/kids, beverages, meal preparation, and personal care, are marketed and sold in over 75 countries around the world. Our leading brands include Garden Veggie™ snacks, Terra® chips, Garden of Eatin'® snacks, Earth's Best® and Ella's Kitchen® baby and kids foods, Celestial Seasonings® teas, Joya® and Natumi® plant-based beverages, Greek Gods® yogurt, Cully & Sully®, Imagine® and New Covent Garden® soups, Yves® and Linda McCartney's® (under license) meat-free, and Alba Botanica® natural sun care, among others. For more information, visit hain.com and LinkedIn.

Forward-Looking Statements
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