FSI produces frozen value pizza and Pizza Bites. Credit: Vita Marija Murenaite on Unsplash.

Bellisio Foods has signed a definitive agreement to acquire Frozen Specialties (FSI) from Swander Pace Capital.

Financial terms of the deal have not been disclosed by both the companies.

Bellisio Foods president and CEO Ken Stickevers said: “This acquisition of FSI brings together our vibrant, growing companies who share an expertise in delivering delicious, exciting brands and private label products to retail customers that delight consumers.”

FSI is engaged in the production of private label and co-manufactured frozen pizza and Pizza Bites and supports nearly every major retailer across the US, Canada, Puerto Rico and the Caribbean.

The company is an Organic Certified Manufacturer and manufactures food products at its facility in Archbold, Ohio.