Willkie Farr & Gallagher LLP
Willkie Farr & Gallagher LLP
25/07/2024 | News release | Distributed by Public on 25/07/2024 22:47
Willkie Advises Ferrero-Related CTH Invest on Acquisition of Nonni’s Bakery
Willkie Advises Ferrero-Related CTH Invest on Acquisition of Nonni's Bakery
News
share
July 25, 2024
Willkie is advising CTH Invest SA, a Ferrero-related company, on its acquisition of Nonni's Bakery from Vestar Capital Partners.
Nonni's Bakery manufactures premium artisanal biscotti cookies and baked goods. Founded in 1988, it has leveraged its premium biscotti expertise rooted in its Italian heritage to become a leading biscotti company in the U.S.
The proposed acquisition strengthens Ferrero's presence in North America and continues its growth in the sweet-packaged food industry globally. The transaction is expected to close in the coming months, subject to customary closing conditions.
CTH Invest SA is a Ferrero-related Belgian Holding Company that owns iconic brands including Michel et Augustin in France, Burton's Biscuit Company and Fox's Biscuits in the UK, Kelsen Group in Denmark, and Delacre Biscuits in Belgium.
Ferrero Group and its related parties is the third-largest player in the worldwide chocolate confectionery industry.
The Willkie team is led by partners Adam Turteltaub and Thomas Sharkey and includes associates David Avraham, Jacqueline Foley and Bridget Boyd.
Nonni's Bakery manufactures premium artisanal biscotti cookies and baked goods. Founded in 1988, it has leveraged its premium biscotti expertise rooted in its Italian heritage to become a leading biscotti company in the U.S.
The proposed acquisition strengthens Ferrero's presence in North America and continues its growth in the sweet-packaged food industry globally. The transaction is expected to close in the coming months, subject to customary closing conditions.
CTH Invest SA is a Ferrero-related Belgian Holding Company that owns iconic brands including Michel et Augustin in France, Burton's Biscuit Company and Fox's Biscuits in the UK, Kelsen Group in Denmark, and Delacre Biscuits in Belgium.
Ferrero Group and its related parties is the third-largest player in the worldwide chocolate confectionery industry.
The Willkie team is led by partners Adam Turteltaub and Thomas Sharkey and includes associates David Avraham, Jacqueline Foley and Bridget Boyd.