Hilco Industrial has announced today that they have acquired the assets of Bellisio Foods in Austin, Minnesota. The multi-million-dollar acquisition deal is a joint venture with Rabin Worldwide and Capital Recovery Group. This frozen food processing and packaging facility is currently available for sale as a “turnkey” offering.  Bellisio Foods is continuing operations at its other facilities.

This turnkey offering includes real estate, buildings, building improvements, and all machinery and equipment. This is a unique opportunity for a buyer to immediately purchase and begin operating a complete frozen food production and contract manufacturing operation.

This sale features a 120,000 sq. ft. facility - a 100,000 sq. ft. production/warehouse building on a 12-acre lot, (5) Sauce kitchens with (20) kettles to 700 gal, Triangle VFFS frozen product weigher & bagger, 2016 Colborne pot pie line w/ double tier spiral freezer, Ishida 14 head SS weigher, Prodo Pak VFFS packagers, blenders, heat exchangers, Breddo Liquifiers, pump sets, palletizers, packaging equipment and much more.

Interested parties can schedule an inspection or make a turnkey offer by contacting Brent Bonham, bbonham@hilcoglobal.com or +1 616.328.6890.

If the enterprise is not sold as turnkey, a public auction will be held on October 25, 2018. Further details are available at https://www.hilcoind.com/sale/frozen-food.

Hilco Industrial (www.hilcoind.com) provides industrial asset disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies. Hilco Industrial performs dispositions through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales. In addition to providing services on a fee or commission basis, Hilco Industrial has capital to put at risk and often acquires assets or provides guarantees. Hilco Industrial is headquartered in Grand Rapids, Michigan, and operates as a part of Hilco Global (www.hilcoglobal.com), the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace.