In moving overseas and into the European market, the Hain Celestial Group has played its cards better than most U.S. natural products companies. Hain's recent acquisition of the U.K.-based Daniels Group was its most significant move yet, singlehandedly raising the company's profile in the entire market—but it took a series of steps, including previous smaller acquisitions, to get to the point where such a sizable purchase was even possible.
A purveyor of natural, fresh and refrigerated foods, Daniels operates a host of brands, such as Covent Garden Soup, Farmhouse Fare and Johnson's Juice. Hain acquired the company in late October for a cash consideration of $230 million, a steal considering the fact that...
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