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BELDING HEMINWAY COMPANY, INC. ANNOUNCES SALE OF PENTAPCO

 NEW YORK, April 14 /PRNewswire/ -- Belding Heminway Company, Inc. (NYSE: BHY) announced today that Belding has completed the sale of substantially all of the assets of Belding's wholly owned subsidiary, Pentapco, Inc. to ConAgra Pet Products Company, a subsidiary of ConAgra, Inc. Pentapco is engaged in the distribution of a diversified line of consumer products for home and office use.
 Belding is a leading producer of high-technology threads and specialty fabrics and a leading marketer of a diversified line of other consumer products. Belding also has investments in entities owning real estate and a cellular telephone license.
 ConAgra, Inc., headquartered in Omaha, Neb., is a diversified food company with operations in prepared foods; trading, processing and agri-products; and specialty businesses which include fabrics and crafts, retail stores and home sewing accessories.
 -0- 4/14/93
 /CONTACT: Ronald V. Kaplan, vice president-treasurer of Belding Heminway, 212-556-4700/
 (BHY)


CO: Belding Heminway Company, Inc.; ConAgra Pet Products Co. ST: New York, Nebraska IN: TEX SU:

SM-SB -- NY067 -- 5754 04/14/93 13:00 EDT
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Publication:PR Newswire
Date:Apr 14, 1993
Words:171
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