CP Foods Buys 3rd Largest US Frozen Foods Distributor Bellisio Foods for $1 Billion
SEAFOODNEWS.COM [SeafoodNews] November 17, 2016
Charoen Pokphand Foods (CP Foods) announced a deal to buy frozen foods distributor Bellisio Foods for US $1.075 billion that will close this December.
Bellisio is headquartered in Minneapolis, Minnesota and is one of the nation's largest and frozen food companies. Bellisio distributes food to chain restaurants including Chili’s, Boston Market and retail brands including Michelina’s and Overhill Farms. The company operates several state-of-the-art production facilities strategically located in Ohio, Minnesota, and California.
Centre Partners acquired Bellision in 2011 and helped it double its revenues to become the become the third-largest frozen food company in North America...
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