date:Aug 24, 2012
emier boss Michael Clarke said: This divestment is a major step forward in our strategy to simplify the business and focus on our Power Brands. Following completion of this sale, we will have raised around 275M of the 330M disposal proceeds that we committed to achieving by June 2014. This will represent a 22% reduction in our net debt since the half year.
In the UK, Hain Daniels portfolio includes the New Covent Garden Soup Co and the Linda McCartney brand.