Ferrero takes over Nonni's Bakery in strategic expansion

Aug 01, 2024 448

Invest, a Belgian company controlled by the Italian confectionery giant Ferrerohas acquired Nonni’s Bakery from the private equity firm Vestar Capital Partners. The acquisition is part of Ferrero’s strategy to strengthen its presence in North America and continue its global expansion in the packaged sweets market.

Founded in 1988, Nonni’s Bakery is known for its high-quality artisanal cookies and baked goods. The company specializes in chocolate biscuits and cookies reminiscent of Tuscan cantuccini. Its portfolio also includes brands such as Nonni’s THINaddictivesNonni’s BitesLa Dolce Vita, and the recently introduced Nonni’s Snackers.

Read more

SOURCE: https://news.italianfood.net

You may be interested