Hain Celestial Completes Acquisition of ParmCrisps® and Thinsters®
December 28 2021 - 4:00PM
The Hain Celestial Group, Inc. (Nasdaq: HAIN) (“Hain Celestial,”
“Hain” or the “Company”) today announced the completion of its
acquisition of That’s How We Roll from Clearlake Capital Group.
That’s How We Roll is the producer and marketer of ParmCrisps®
and Thinsters®, two fast-growing brands offering simple and
delicious, better-for-you snacks. The total purchase price was
approximately $259 million in cash, subject to an adjustment for
working capital.
“ParmCrisps® and Thinsters® are great additions
to Hain's growing portfolio of better-for-you snacking brands, and
we are excited to get to work with That’s How We Roll’s talented
and innovative team,” said Mark Schiller, President and Chief
Executive Officer of Hain.
With the mission to make the world heathier,
tastier and a little more fun, ParmCrisps® and Thinsters® are
delicious, better-for-you brands composed of simple ingredients
that consumers can find in their kitchen. ParmCrisps® are
high-protein, low carb cheese crisps and snack mixes. Thinsters®
are crispy thin cookies made from high-quality, non-GMO
ingredients. All products are available in a variety of
flavors.
About The Hain Celestial Group,
Inc.The Hain Celestial Group (Nasdaq: HAIN), headquartered
in Lake Success, NY, is a leading organic and natural products
company with operations in North America, Europe, Asia and the
Middle East. Hain Celestial participates in many natural categories
with well-known brands that include Celestial Seasonings®, Clarks™,
Cully & Sully®, Earth’s Best®, Ella’s Kitchen®, Frank
Cooper’s®, Gale’s®, Garden of Eatin’®, Hain Pure Foods®,
Hartley’s®, Health Valley®, Imagine®, Joya®, Lima®, Linda
McCartney’s® (under license), MaraNatha®, Natumi®, New Covent
Garden Soup Co. ®, ParmCrisps®, Robertson’s®, Rose’s® (under
license), Sensible Portions®, Spectrum®, Sun-Pat®, Terra®, The
Greek Gods®, Thinsters®, Yorkshire Provender® and Yves Veggie
Cuisine®. The Company’s personal care products are marketed under
the Alba Botanica®, Avalon Organics®, JASON®, Live Clean® and Queen
Helene® brands.
Contacts:Chris Mandeville and Anna Kate
HellerICRhain@icrinc.com
Hain Celestial (NASDAQ:HAIN)
Historical Stock Chart
From May 2024 to Jun 2024
Hain Celestial (NASDAQ:HAIN)
Historical Stock Chart
From Jun 2023 to Jun 2024