(April 14) MINNEAPOLIS — Custom Cuts of Minnesota, which specializes in fresh-cut fruits and vegetables, has been purchased by a start-up company called G.O. Fresh.

The new company, owned by Patricia Greene, who also is chief executive officer, and Marylou Owen, chief operations officer and former president of Custom Cuts, closed the deal for Custom Cuts on March 22.

Terms of the sale were not released, though Milwaukee-based Custom Cuts Inc., formerly a subsidiary of Custom Cuts of Minnesota, was not included in the deal and will stand as its own company.

Greene said the deal has been in the works for almost a year.

“It’s taken a lot of time because we wanted to make sure that it culminated in a very good situation for both companies,” she said.

Under the terms of the sale, G.O. Fresh has assumed ownership of all Custom Cuts assets, including its 48,000-square-foot processing facility, which will operate as G.O. Fresh. Greene said the Custom Cuts staff of about 110 employees will not be affected by the sale.

“Everybody’s still in place,” she said. “Nothing has changed except the management team.”

Greene said the next focus for G.O. Fresh will be taking care of its existing customers. Though the processing facility has the capacity to more than double its current production rate of about 400,000-pounds per week, Greene said there are no plans for expansion.

“What we hold as a priority is to build our existing business,” she said. “That is our No. 1 priority, to build the customer base we already have.”

That customer base includes Houston-based Sysco Corp. operations in Minnesota, Iowa, Wisconsin and North Dakota as well as Austin-based Hormel Foods Corp. and Ann Arbor, Mich.-based Domino’s Pizza LLC.