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Subsequent Event
6 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
Subsequent Event
19.
SUBSEQUENT EVENT

 

On January 30, 2026, the Company entered into an asset purchase agreement with Snackruptors Inc. (“Snackruptors”), pursuant to which, subject to the terms and conditions set forth therein, Snackruptors has agreed to acquire from the Company its North American Snacks Business for $115,000 in cash, subject to a customary inventory adjustment. Snackruptors is a Canadian-based, family-owned snacks manufacturer. The Company will use the net cash proceeds from the Transaction (after taxes and transaction costs) to pay down debt. Consummation of the Transaction is subject to various customary closing conditions and is currently expected to close in February 2026. At closing, Hain and Snackruptors will enter into a transition services agreement, pursuant to which Hain and Snackruptors will provide certain transition services to each other for a period of time following the closing.