Marks first acquisition in the U.S. for Thailand’s leading integrated foods business
Charoen Pokphand Foods Public Company Limited (“CPF” or the “Company”) today announced the successful completion of the acquisition of Bellisio Foods Inc. (“Bellisio”) from Centre Partners Management LLC (“Centre Partners”). CPF has acquired all of the outstanding interests in Bellisio from Centre Partners for total consideration of USD 1,075 million.
The transaction brings together one of America’s largest and fastest-growing frozen food companies with Thailand’s leading and most successful integrated foods business. Bellisio manufactures and distributes single-serve frozen entrees under the Michelina’s, Atkins, Boston Market, Chili’s, EatingWell, and Eat! brands, as well as co-manufactures private label and food service products.