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New Deal


Announced

Completed

Hain Celestial completed the acquisition of ParmCrisps and Thinsters from Clearlake for $259m.

Financials

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Transaction Value£192m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Completed

United States

Food Products

food products

Acquisition

Domestic

Majority

Private

Private Equity

Friendly

Synopsis

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Hain Celestial, a natural and organic beverage, snack, specialty food, and personal care products company, completed the acquisition of two snacking brands ParmCrisps and Thinsters from Clearlake, a private equity firm, for $259m. “ParmCrisps and Thinsters®are optimally positioned to benefit from consumer preferences for clean-label and high-protein snacks. Both brands have created loyal followings by being true to their unique value propositions. We are excited to welcome them to the Hain family and support the brands’ next chapter as part of our growing snacking platform," Mark Schiller, Hain President and CEO.

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