Gelit is a leading player in the production and marketing of frozen pasta-based ready meals and crêpes for the private label market. When Consilium bought Gelit in 2007, it was a non-core business of Barilla. Under Consilium’s guidance, Gelit changed from being a company highly dependent on Barilla’ infrastructure to a robust, stand-alone business. By focusing on private label, supplier optimisation and entering new profitable markets and channels, Consilium turned Gelit into a leading frozen ready meals producer leveraging on Italian food know-how and appeal. Consilium sold Gelit in June 2012 to New York-listed Ralcorp (now part of ConAgra Foods group), earning 3.7 times its investment.
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