CTH Invest SA, a Ferraro-related company, has agreed to acquire Nonni’s Bakery from Vestar Capital Partners, a private equity firm.
Nonni’s Bakery manufactures artisanal biscotti cookies and baked goods, specializing in indulgent chocolate and inclusions-enhanced biscotti and “Cantuccini-type” cookies. In addition to its biscotti, Nonni’s Bakery’s portfolio includes brands such as Nonni’s THINaddictives, Nonni’s Bites, La Dolce Vita and its recently launched Nonni’s Snackers. Based in Wexford, Pa., the company operates four manufacturing plants and has approximately 350 employees.
CTH Invest SA is a Ferrero-related Belgian holding company that owns Michel et Augustin in France, Burton’s Biscuit Co. and Fox’s Biscuits in the United Kingdom, Kelsen Group in Denmark and Delacre Biscuits in Belgium.
The planned acquisition of Nonni’s Bakery is expected to strengthen Ferrero’s presence in North America and continue its growth in the sweet-packaged food industry globally.
