AUSTIN, Minn. — Bellisio Foods Inc. of Minneapolis is buying Austin Packaging Company for $6.1 million.
Mpls. food producer Bellisio buys Austin Packaging for $6.1M, plans to keep APC in Austin
June 21, 2013 at 12:40AM
Bellisio had the winning bid Wednesday and also will assume $280,000 of APC's remaining liabilities.
The sale is pending court approval Thursday and closing next week.
The Austin Daily Herald (http://bit.ly/192rJqQ) reports Bellisio says it plans to keep APC in Austin and expand its operations.
Bellisio manufactures Michelina's frozen dinners along with products for Boston Market and private-label companies.
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The special election Nov. 5 will determine whether the GOP flips control of the state Senate or the DFL stays in charge.
