CTH Invest SA (Ferrero-related) Acquires Nonni's Bakery from Vestar Capital Partners

CTH (Ferrero-related Company) Acquires Burton's Biscuit Company from Ontario Teachers'

June 1, 2021

Food & Beverage

A Ferrero-related Belgian holding company (CTH) has entered into a definitive agreement to acquire Burton's Biscuit Company from the Ontario Teachers' Pension Plan Board. Burton's—headquartered in St Albans with six UK manufacturing sites and about 2,000 employees—generated over £275 million of sales in the last 12 months; the buyer expects to enlarge its sweet biscuits offering by adding Burton's brands and production capacity.

Vandemoortele Acquires Majority Stake in Banneton Bakery

April 8, 2024

Food & Beverage

Vandemoortele, a family-owned European food group, has acquired a majority stake in Banneton Bakery, a New Jersey-based manufacturer of freezer-to-oven croissants, danishes, and other pastries. The transaction represents a full exit for Encore Consumer Capital; founders Victor and Alex Litinetsky remain investors and will continue to run day-to-day operations.

Ferrara Candy Company Acquires Dori Alimentos from ACON Investments

October 4, 2023

Food & Beverage

Ferrara Candy Company (through holding company CTH) has agreed to acquire Dori Alimentos, a leading Brazilian manufacturer and distributor of sweets and snacks, from a family shareholder group and an affiliate of ACON Investments. The transaction, subject to closing conditions and expected to close in Q4 2023, expands Ferrara's geographic footprint into Brazil; financial terms were not disclosed.

Ferrara Candy Company to Acquire Jelly Belly Candy Company

October 18, 2023

Food & Beverage

Ferrara Candy Company, through its lead holding company CTH Invest, has agreed to acquire Jelly Belly Candy Company. The deal (terms undisclosed) will bring nearly 800 Jelly Belly employees and facilities in California, Illinois, and Thailand into Ferrara's portfolio; the transaction is expected to close by the end of 2023.

HC Private Investments Forms Artisan Bakery Through Acquisitions of Snackwerks and Specialty Bakers

June 24, 2025

Food & Beverage

HC Private Investments, a Chicago-based family office, has acquired Snackwerks (Battle Creek, MI) and Specialty Bakers (Marysville, PA) to form Artisan Bakery, a national premium baked-goods and co-manufacturing platform. The deal brings together established in-store bakery distribution and advanced co-manufacturing/R&D capabilities to accelerate product innovation, packaging expansion and scale across retail and co-manufacturing channels; terms were not disclosed.

Valeo Foods Group Acquires Freddi Dolciaria S.p.A

May 2, 2025

Food & Beverage

Valeo Foods Group has acquired Italian sweet bakery Freddi Dolciaria S.p.A, a Castiglione delle Stiviere-based producer of pre-packaged sponge cakes with annual revenue approaching €20 million and 48 employees. The purchase strengthens Valeo's packaged wafers, cakes and biscuits portfolio (complementing Balconi), expands manufacturing and logistical capacity, and accelerates growth across South-West Europe.