top of page

The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

FoodBev Media Logo
Access more as a FoodBev subscriber

Sign up to FoodBev and unlock more insights from the international food and beverage industry. Subscribers have access to webinars, newsletters, publications and more...

Hain Celestial offloads Thinsters to J&J Snack Foods
Phoebe Fraser

Phoebe Fraser

11 April 2024

Hain Celestial offloads Thinsters to J&J Snack Foods

Hain Celestial has completed the sale of its Thinsters cookie business to US food group J&J Snack Foods. Thinsters are thin, oven-baked, bite-sized cookies made from simple ingredients. Dan Fachner, president and CEO at J&J Snack Foods, said: “We are thrilled to add Thinsters to our growing portfolio of fun brands. This acquisition is a natural fit for us, complementing our already vast offering of cookies and baked goods. Thinsters' dedication to using high-quality, wholesome ingredients resonates perfectly with our growing customer base. We look forward to leveraging our strengths to expand distribution and introduce Thinsters cookies to a wider audience.” He continued: “We look forward to bringing J&J Snack Foods' sales, marketing, and innovation capabilities to the already popular Thinsters brand”. The sale of Thinsters, which Hain Celestial acquired in a $259 million deal in 2021, is said to ‘optimise’ Hain’s better-for-you (BFY) portfolio and will be used to pay down company debt. Wendy Davidson, Hain Celestial’s president and CEO, said: "Divesting Thinsters further streamlines our supply chain network and strengthens our ability to focus our efforts on driving greater reach and scale of our core BFY brands across our categories of focus”. The all-cash transaction closed on 8 April 2024.

Related posts
Califia Farms buys plant milk dispenser firm Uproot
Beverage

Califia Farms buys plant milk dispenser firm Uproot

Margherita launches new All-Natural charcuterie cuts line
New products

Margherita launches new All-Natural charcuterie cuts line

Gourmey submits first application to sell cell-based meat in Europe
Business

Gourmey submits first application to sell cell-based meat in Europe

Wells Enterprises to invest $425m in New York site
Dairy

Wells Enterprises to invest $425m in New York site

Dairy Farmers of America to close Pollock, South Dakota plant
Dairy

Dairy Farmers of America to close Pollock, South Dakota plant

Celebrity chef Joe Sasto launches Tantos puffed pasta chips
New products

Celebrity chef Joe Sasto launches Tantos puffed pasta chips

bottom of page