The transaction is expected to close in the fourth quarter of 2017.
Nonni’s primarily manufactures Italian-inspired snacks such as biscotti. Its products are marketed under the Nonni’s, THINaddictives, and La Dolce Vita brand names, and sold through various distribution platforms including club, grocery, mass, foodservice and online retailing.
Brian Hansberry, CEO of Nonni’s, said, “Our partnership with Wind Point has been extraordinarily successful, and we thank them for their support and contributions to Nonni’s. We’re thrilled to be partnering with Vestar as we look to build upon Nonni’s growth and success.”
“The Vestar team’s deep consumer experience will be invaluable as we work to expand our customer relationships, enter new channels, and continue to introduce new products to the marketplace,” he added.
“We see numerous growth avenues for Nonni’s premium, established brands,” said Brian O’Connor, managing director of Vestar. “We’re excited to be partnering with Brain Hansberry, Chris Puma, and the rest of Nonni’s management team to pursue our shared vision for the company.”
BakeryandSnacks has reached out to Nonni’s for a comment.