The acquisition includes the THINaddictives brand and the company’s state of the art baking facility in Ville St-Laurent, Quebec.
Nonni’s Foods bakes and markets the only biscotti brand sold nationally (US) through grocery, club, mass and drug channels.
Nonni’s Biscotti is based on an original recipe brought from Italy by the grandmother of the company’s founder. Majority owned by Wind Point Partners private equity firm, the company has experienced significant growth over the past seven years and recently added Biscotti Bites and Mini Biscotti to its already successful long stick biscotti product line.
Dave Bere, CEO of Nonni’s Foods, said: “The THINaddictives brand is a strong strategic fit with Nonni’s, which complements our successful biscotti business and allows us to expand into the fast-growing thin cookie segment, giving us two growth brands within the premium cookie category.”
Source: Nonni’s Foods
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