Gelit

The company based in Cisterna di Latina (near Rome), is the market leader in the production of frozen ready-to-heat meals and crêpes for the private label channel in Italy. Gelit is the manufacturing partner of all the main Italian mass retailers and has a strong presence abroad in particular in US.

The company was acquired by the CPEF in May 2007 in a management buy-out transaction.

In 2012 Gelit was sold to Ralcorp Holdings (now ConAgra Foods), a US listed corporation leader in the North American food market.

Industry
Ready-to-heat frozen meals
Web site
Acquisition date
08/09/2007
Exit date
06/09/2012
Type of investment
Buy-out
Stake
Majority stake