Disposal of Yorkshire Provender to Hain Celestial

DATE
April 2017

TRANSACTION TYPE
UK sale to International Trade

VALUE
£ Undisclosed

SECTOR
Food & Beverage

Spayne Lindsay & Co. advises on the sale of Yorkshire Provender to The Hain Celestial Group, Inc, (“Hain”)

Spayne Lindsay is delighted to announce that it has advised Yorkshire Provender on its sale to Hain, the leading organic and natural products company with operations in North America, Europe and India.

Founded in 2007 by husband and wife team Terry and Belinda Williams, Yorkshire Provender is the UK’s leading premium soup manufacturer, selling into a broad range of major grocery retailers, independents and foodservice operators.

Differentiated through its use of high quality seasonal ingredients and traditional cooking methods, Yorkshire Provender has sustained exceptional category-leading growth over the past three years, with a purpose-built manufacturing facility opened in 2015 enabling ambitious future growth plans.

The acquisition complements Hain’s existing soup portfolio, including the New Covent Garden and Cully & Sully brands, with the combined infrastructures supporting accelerated NPD and increased distribution across the UK and Europe.

Dave Sparrow, FD at Yorkshire Provender commented:

“Working with the Spayne Lindsay team has been an exceptional experience; the knowledge of the consumer market along with expansive experience within M&A meant we always felt in good hands.

Tom and his direct team were constantly on hand to deliver a well-executed transaction. We are now delighted to be part of a global food business whom share the same value and mission, delivering quality food to consumers all around the world. We look forward to the next chapter within the Yorkshire Provender journey and working alongside Spayne Lindsay in the future.”