The deal includes a production facility in Quebec, Canada.

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."

THINaddictives are premium low calorie cookies that come in Cranberry Almond, Pistachio Almond and Chocolate Almond flavours.

Nonni’s Food is owned by private equity firm Wind Point Partners.

Mark Burgett, managing director of Wind Point Partners said there were plans to expand Nonni’s in the near future including through further acquisitions.