Announced
Synopsis
Ferrero-backed CTH Invest, an investment firm, agreed to acquire Nonni’s Bakery, a premium artisanal biscotti cookies and baked goods manufacturer, from Vestar Capital Partners, a private equity firm. Financial terms were not disclosed. “The coming together of Nonni’s Bakery with the Ferrero extended family returns Nonni’s to its Italian roots and plants our great brands into the most fertile soil for continued growth and development,” Mark Kleinman, Nonni’s Bakery CEO.
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