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    Breaking News

    Hain Celestial Acquires Better Bean Company

    Deal is the first acquisition by Hain’s venture capital platform Cultivate Ventures.

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    07.05.17
    The Hain Celestial Group, Lake Success, NY, has purchased the Better Bean Company, Portland, OR, which was founded in 2010 by the father and daughter team of Keith and Hannah Kullberg to make eating beans easy, tasty, and healthy. Better Bean will augment Hain Celestial's offerings in the perimeter of the store. Better Bean is the first acquisition by the Hain Celestial Cultivate Ventures strategic platform.

    Better Bean offers consumers prepared beans and bean-based dips sold in chilled deli tubs. With eight plant-based varieties, Better Bean products contain at least five grams of fiber and six grams of protein per serving. They are also Non-GMO Project Verified, Certified Vegan and gluten-free. Additionally, Better Bean is a Certified B Corporation. 

    "Better Bean is well-suited for the Cultivate Ventures portfolio given our focus on the perimeter of the store with our BluePrint functional beverages, Yves Veggie Cuisine vegetarian offerings, and Health Valley refrigerated soup products. Better Bean products are aligned with consumer demand for nutritious food, plant-based protein, fiber, clean labels and convenience," said Beena Goldenberg, CEO of Cultivate Ventures and Hain Celestial Canada.

    "We expect to catapult Better Bean's growth by leveraging Hain Celestial's strength in sales, distribution, marketing, and brand building, which should allow more consumers to experience Better Beans," said Keith Kullberg, founder and CEO of Better Bean. "Hain Celestial's decades' long commitment to making healthier, better-for-you food more accessible complements Better Beans' mission to bring the world clean, tasty and convenient beans."

    Cultivate Ventures is dedicated to investing in smaller portfolio brands, lifestyle brands and concepts, and incubator opportunities in high growth categories.
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    • Breaking News | Industry & Market News | Mergers & Acquisitions | Natural/Organic | Nutrition Bars & Snacks | Proteins, Peptides, Amino Acids
      Hain Celestial Agrees to Acquire ParmCrisps and Thinsters Brands

      Hain Celestial Agrees to Acquire ParmCrisps and Thinsters Brands

      The two-brand package generated $108 million in sales YOY ending September 2021.
      12.14.21

    • Breaking News | Functional Foods & Beverages | Industry & Market News | Mergers & Acquisitions | Nutrition Bars & Snacks

      B&G Foods to Acquire Back to Nature Foods Company for $162.5 Million

      Back to Nature Foods offers better-for-you snack foods, including the SnackWell’s brand of low-fat and no-fat snacks.
      08.22.17

    • Breaking News | Supplier News | Sweeteners

      NP Nutra Offers Organic Stevia

      Stevia P.E. 90% (organic) is certified 100% organic and contains no GMO additives or chemicals.
      07.20.17


    • Breaking News | Industry & Market News | Medical Nutrition | Regulations

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