Hain Celestial Plans to Expand Meat-Alternative Business
The Hain Celestial Group Inc., a natural and organic food and personal care products company, plans to acquire the tofu and meat-alternative business of WhiteWave Foods Company, a subsidiary of Dean Foods Company. These products are sold under the brand names TofuTown and WhiteWave. "Adding the tofu and meat-alternative business from WhiteWave Foods complements our existing Yves Veggie Cuisine product line, strengthening and expanding our fresh, meat-free alternative product offerings to further support this sector of the growing natural and organic market," says Irwin D. Simon, president and chief executive officer of The Hain Celestial Group. "Purchasing this business will better position the company to increase our meat-free alternative product sales in