GlobeNewswire Inc | Dec 28, 2021 04:00PM EST

December 28, 2021

LAKE SUCCESS, N.Y., Dec. 28, 2021 (GLOBE NEWSWIRE) -- The Hain Celestial Group, Inc. (Nasdaq: HAIN) (Hain Celestial, Hain or the Company) today announced the completion of its acquisition of Thats How We Roll from Clearlake Capital Group. Thats How We Roll isthe 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 Thats How We Rolls 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, Earths Best, Ellas Kitchen, Frank Coopers, Gales, Garden of Eatin, Hain Pure Foods, Hartleys, Health Valley, Imagine, Joya, Lima, Linda McCartneys (under license), MaraNatha, Natumi, New Covent Garden Soup Co. , ParmCrisps, Robertsons, Roses (under license), Sensible Portions, Spectrum, Sun-Pat, Terra, The Greek Gods, Thinsters, Yorkshire Provender and Yves Veggie Cuisine. The Companys 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