Bellisio Foods has signed a definitive agreement to acquire Frozen Specialties (FSI) from Swander Pace Capital.
Financial terms of the deal have not been disclosed by both the companies.
Bellisio Foods president and CEO Ken Stickevers said: “This acquisition of FSI brings together our vibrant, growing companies who share an expertise in delivering delicious, exciting brands and private label products to retail customers that delight consumers.”
FSI is engaged in the production of private label and co-manufactured frozen pizza and Pizza Bites and supports nearly every major retailer across the US, Canada, Puerto Rico and the Caribbean.
The company is an Organic Certified Manufacturer and manufactures food products at its facility in Archbold, Ohio.
With the completion of the acquisition, FSI will now operate under Bellisio Foods’ Overhill Farms division.
Overhill Farms president Terry O’Brien said: “We’re excited by the innovation and national plant network we can now bring to our private label, co-manufacturing and foodservice customers.
“The complementary product portfolios and product expertise across our company will benefit our North American and Asian customers.”
Owned by Thailand-based Charoen Pokphand Group (CP), Bellisio Foods and Overhill Farms produce a range of frozen food products, including single and multi-serve entrees, snacks, side dishes and foodservice foods.
Bellisio Foods markets products under its Michelina’s, Boston Market, and Authentic Asia brands, while Overhill Farms is a co-manufacturer and foodservice supplier with operations in both California and Ohio.
