Ripon-based soup company acquired by US food giant

Soup company Yorkshire Provender is set to be acquired by Hain Daniels Group, a subsidiary of US food giant The Hain Celestial Group, Inc.

Following the deal, which is subject to approval from the Competition and Markets Authority, Yorkshire Provender will continue to operate from its base near Ripon.

In 2016, the company recorded revenues of around £6m.

Hain Celestial expects the transaction to be earnings enhancing from the 2018 fiscal year.

Belinda Williams, who co-founded Yorkshire Provender with partner Terry, said: “This is a significant milestone for Yorkshire Provender and we look forward to working with the Hain Daniels team to continue our growth in new and existing customers.”

Irwin D. Simon, CEO of Hain Celestial, commented: “We welcome Belinda and Terry […] to the Hain Celestial family and look forward to working with the Yorkshire Provender team in leading the next chapter of the brand’s development.

“Yorkshire Provender has a premium brand positioning that complements our New Covent Garden Soup Co. and Cully & Sully brands in the United Kingdom.”

James Skidmore, CEO of Hain Daniels Group, said: “We are excited to work together with the Yorkshire Provender team and leverage our combined infrastructures to drive future growth.

“This transaction expands the depth of our soup offering with Yorkshire Provender’s gluten-free, delicious premium recipes and flavors.”

Established in 2007, Yorkshire Provender’s soup products are sold across the UK.

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