Nonni’s has acquired THINaddictives to expand its portfolio in the premium snack food category, enhancing its product offerings and distribution capabilities.
Target Information
Nonni’s is a prominent player in the premium biscotti market in the United States, and is currently a portfolio company of Wind Point Partners, a private equity firm based in Chicago. The company was originally acquired by Wind Point in February 2011, with Dave Beré serving as CEO. Beré brings a wealth of experience in the food industry, having held significant leadership roles at various organizations, including Dollar General, Bakery Chef, McCain Foods, and Quaker Oats.
With the acquisition of THINaddictives, Nonni’s is expanding its portfolio to include specialty thin biscotti, further enhancing its product offerings. THINaddictives operates from a modern manufacturing facility located in Montreal, Quebec, Canada, producing a variety of flavors under its brand name that are particularly popular in the specialty snack food segment.
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Industry Overview
The specialty snacks industry in Canada is experiencing notable growth, driven by an increasing consumer preference for healthier and gourmet snacking options. As consumers shift towards products that offer unique flavors and healthier
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Nonni's
invested in
THINaddictives
in 2023
in a Buy & Build / Roll-Up deal