Pilgrim’s Pride Bids On Hain Celestial’s Protein Business: Source
June 26, 2018 | 1 min to read
Pilgrim’s Pride is bidding for Hain Celestial’s protein business, a source close to the process told The Post.
Hain, run by CEO Irwin Simon, is in the process of selling Hain Pure Protein, its chicken and turkey division, to make its remaining snack food company more attractive to a buyer, an informed source explained.
Pilgrim’s Pride has made a preliminary offer for the business, which sells to Chipotle and Panera Bread — as have others, sources said.
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