January 16, 2017 4:45 PM ET

Food Products

Company Overview of Bellisio Foods, Inc.

Company Overview

Bellisio Foods, Inc. manufactures and markets frozen food products. It makes its products available in restaurants and retailers worldwide. Bellisio Foods, Inc. was formerly known as Michelina’s, Inc. and changed its name to Bellisio Foods, Inc. in April 2008. The company was founded in 1990 and is based in Minneapolis, Minnesota with production facilities in Jackson, Ohio; Austin, Minnesota; and Vernon, California. As of December 22, 2016, Bellisio Foods, Inc. operates as a subsidiary of Charoen Pokphand Foods Public Co. Ltd.

1201 Harmon Place

Suite 302

Minneapolis, MN 55403

United States

Founded in 1990

1,144 Employees





Key Executives for Bellisio Foods, Inc.

Chairman and Chief Executive Officer
Age: 64
President and Chief Operating Officer
Chief Financial Officer and Senior Vice President
Age: 50
Senior Executive Vice President of Sales & Marketing
Age: 56
Chief Marketing Officer and Senior Vice President
Compensation as of Fiscal Year 2016.

Bellisio Foods, Inc. Key Developments

Bellisio Foods Reportedly Attracts Bidders

Bellisio Foods, Inc. has attracted interest from suitors including Nomad Foods Limited (NYSE:NOMD). In addition, Pinnacle Foods Inc. (NYSE:PF) and private equity firms may also make first-round bids, Bloomberg reported citing people familiar with the matter. Bellisio Foods is working with investment banks Morgan Stanley and Moelis & Co. on a sale process, said the people, who asked not to be identified because the information is private. Bellisio Foods is owned by Centre Partners Management LLC. Spokesmen for Centre Partners, Moelis and Morgan Stanley declined to comment. Spokesmen for Nomad, Pinnacle and Bellisio didn’t respond to e-mail requests for comment.

Meredith Corporation and Bellisio Foods, Inc. Sign Brand Licensing Agreement for Eatingwell Healthy Frozen Food Product Line

Meredith Corporation announced that it has agreed to a multi-year licensing partnership with Bellisio Foods, Inc., for the EatingWell® brand. This is also Meredith Brand Licensing's first expansion into the retail consumable food category. EatingWell frozen products will be available for consumer purchase at supermarkets and retail grocery stores nationwide beginning in fall 2016. At launch, the EatingWell product line will focus on single-serve frozen entrées. Meredith and Bellisio Foods anticipate future food expansion into products such as multi-serve meals, appetizers, sides, snacks, vegetables, breakfast items, desserts and breads. Meredith and Bellisio are collaborating on the selection and development of recipes, with all recipes meeting the health parameters of the EatingWell brand. The editors of EatingWell magazine are providing inspiration and taste-testing expertise throughout the process.

Centre Partners Management Seeking To Sell Bellisio Foods

Bellisio Foods, Inc. is considering its sale for $800 million, including debt, according to people familiar with the matter. Centre Partners Management LLC, the owner of Bellisio Foods held talks with investment banks in recent weeks to appoint a financial adviser that will run an auction, the people said this week. Bellisio may attract suitors that include Nomad Foods Limited (LSE:NHL) a special purpose acquisition vehicle of William Ackman.

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