Hain Celestial to draw on revolver for That’s How We Roll purchase

By Sara Rosenberg

New York, Dec. 13 – Hain Celestial Group Inc. plans to use borrowings under its revolving credit facility to fund the roughly $259 million acquisition of That’s How We Roll from Clearlake Capital Group, according to a news release.

Closing is expected this year, subject to customary conditions, including regulatory approvals.

Hain Celestial is a Lake Success, N.Y.-based organic and natural products company. That’s How We Roll is the producer and marketer of ParmCrisps and Thinsters.

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