Nutrition Business Journal recently asked Irwin Simon, president and CEO of The Hain Celestial Group, about his perspectives on the economic downturn and how it affected Hain Celestial's business and approach to investments and acquisitions.
Aug. 27, 2010 11:13am
The company's most recent purchases include Churchill Food Products, World Gourmet Marketing (maker of the Sensible Portions brand) and the natural yogurt company Greek Gods. Carl Icahn made a major investment in Hain Celestial earlier this year, and recent filings indicate his stake in the company now stands at approximately 13.3%.
NBJ: Has your business strategy changed at all during the economic downturn?
Irwin Simon: Absolutely. If you look back at Hain's strategy before the recession, we were focused on growth within Whole Foods Markets...
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