Market Pulse Check

Industrial
 
Bellisio Foods Inc., America’s third-largest manufacturer/distributor of single-serve frozen entrees, recently announced its acquisition by CPF, or Charoen Pokphand Foods, a Bangkok-based company, according to a news release. 
 
The $1.075 billion transaction was expected to close in December 2016. The acquisition reflects CPF’s vision as a “Kitchen of the World.” 
 
CPF serves more than 3 billion customers across Europe and Asia. “We are excited to be part of CPF and look forward to driving the North American Strategy for one of the world’s leading food companies, said Bellisio CEO Joel ...

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