Chicago / IL. (nf) Nonni´s Foods LLC, the leading baker of premium biscotti in North America, announced the acquisition of THINaddictives Almond Thins from V.I.S. Inc. The acquisition was completed on January 17, 2012, and includes the THINaddictives brand and the company´s state-of-the-art baking facility in Ville St-Laurent, Quebec.
Nonni´s Foods LLC bakes and markets the only biscotti brand sold nationally 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.
«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», said Dave Bere, CEO of Nonni´s Foods.
«Nonni´s Foods has shown an unwavering commitment to quality across its total organization. I am excited to join the leader in the premium cookie category in North America to aggressively expand both product lines through strong marketing and cross-selling synergies», said Robert Sigler, president of V.I.S. Inc.
The relationship with Wind Point Partners will enhance the company´s ability to realize plans for continued expansion. «It is been a strong year of growth for Nonni´s Foods and we look forward to future acquisitions that can provide long-term, strategic value», said Mark Burgett, managing director of Wind Point Partners.
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