Hain Celestial to widen reach in Asia
Source: Release Date:2009-12-01 199
LEADING natural and organic products company, Hain Celestial Group, Inc., has formed 50:50 joint venture agreement with Hutchison China Meditech Ltd., in order to expand its market in Asia. “We have established a strong foundation for our brands in North America and Europe and look to deepen our franchise and widen our reach into China and Asia,?said Irwin D. Simon, president and CEO of Hain Celestial. Hain Celestial and Chi-Med, a subsidiary of Hutchison Whampoa Limited of Hong Kong, have formed “Hutchison Hain Organic Holdings Limited?to market and distribute infant and toddler feeding products co-branded under the 揈arth's Best?and 揨hi Ling Tong?brand names and market and distribute selected Hain Celestial brands in China and other markets. Earth's Best is the fastest growing established brand in infant feeding in the United States. With pharmaceutical and healthcare operations primarily in China, Chi-Med will tap into Hain Celestial's know-how in natural and organic infant and toddler feeding.Womens Running Shoes
You May Like