Bellisio Foods, a Minneapolis, Minn. Producer of frozen meals under the Michelina’s, Boston Market and Chili’s brands, has been acquired by Charoen Pokphand Foods, a Thailand food corporation. The selling price was $1.08 billion, reports the Minneapolis Star-Tribune.
Bellisio said it is the nation’s third largest manufacturer and distributor of single-serve frozen entrees and will become “an integral part” and the U.S. flagship of CPF’s vision to be the “Kitchen of the World.”