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Nonni's Foods acquires biscotti maker Villa Veneto |
01.11.2013
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Nonni's Foods LLC, the leading baker of premium biscotti and almond thins in North America, has acquired Villa Veneto Corp., baker of La Dolce Vita biscotti. It is the second acquisition in two years for the brand, which bought out THINaddictives in early 2012.
Made from traditional Italian recipes by Italian born founder Paola Tulliani, La Dolce Vita has developed a successful line of artisan biscotti and other specialty cookies sold in the club and grocery channels. "La Dolce Vita is a strong strategic fit with Nonni's, supports our growing biscotti business, expands our baking capabilities and positions [the company] to accelerate growth within premium cookies," said Dave Bere, Nonni's Foods CEO.
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Based in Glendale, Ariz., La Dolce Vita products are available in a variety of flavors and forms including traditional biscotti and cantucci in almond, chocolate and dipped chocolate varieties. Additional items are also sold at various times, including a line of macaroons, amaretti cookies and other classic Italian and holiday favorites.
Mark Burgett, a managing director at Nonni's LLC owner Wind Point, added "Two key components of our value creation plan at Nonni's were to expand distribution and to acquire complementary product lines. La Dolce Vita is an excellent fit because it positions Nonni's to expand into specialty retailers and other areas of the grocery store."
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