CTH Invest SA, a Ferrero-related company, has agreed to acquire Nonni’s Bakery, a Wexford, Pa., manufacturer of artisanal biscotti cookies and baked goods, according to a release. Nonni’s had been owned by Vestar Capital Partners, which acquired the bakery in 2017.
Nonni’s specializes in indulgent chocolate and inclusions-enhanced biscotti and “Cantuccini-type” cookies, the release noted. The company’s portfolio includes Nonni’s Thinaddictives, Nonni’s Bites, La Dolce Vita and Nonni’s Snackers. Nonni’s was founded in 1988 and has four manufacturing facilities, employing about 350 employees.
Ferrero expects the acquisition to strengthen its North American presence and expand its place in the global sweet packaged foods industry. Closing on the transaction is expected in the coming months, the company said.
About the Author
Andy Hanacek
Senior Editor
Andy Hanacek has covered meat, poultry, bakery and snack foods as a B2B editor for nearly 20 years, and has toured hundreds of processing plants and food companies, sharing stories of innovation and technological advancement throughout the food supply chain. In 2018, he won a Folio:Eddie Award for his unique "From the Editor's Desk" video blogs, and he has brought home additional awards from Folio and ASBPE over the years. In addition, Hanacek led the Meat Industry Hall of Fame for several years and was vice president of communications for We R Food Safety, a food safety software and consulting company.