Investment Summary

Consilium Exits Gelit

On June 18, 2012, Ralcorp Holdings invested in food company Gelit from Consilium

Investment Highlights
  • This is Ralcorp Holdings’ 6th transaction in the Food sector.
  • This is Ralcorp Holdings’ 1st transaction in Italy.
Investment Fate
  • Gelit was divested to a consortium of buyers in 2019.
  • Gelit was sold to a consortium of financial buyers in 2024.

Investment Summary

Date 2012-06-18
Target Gelit
Sector Food
Investor(s) Ralcorp Holdings
Sellers(s) Consilium
Deal Type Add-on Acquisition

Target

Gelit

Doganella di Ninfa, Italy
Gelit is a provider of private label frozen ready meals sold in Italy and abroad. Recognised for its ability to develop new recipes and the extensive production flexibility in its Cisterna di Latina-based plant position, Gelit is the key first-meal and crepes private-label supplier for most of the main Italian Large Scale Retailers. Gelit was established in 1977 and is based in Doganella di Ninfa, Italy.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Ralcorp Holdings

St. Louis, Missouri, United States

Category Company
Founded 1994
Sector Food
Revenue 4.3B USD (2012)
DESCRIPTION

Ralcorp produces a variety of private-brand foods sold under the individual labels of various grocery, mass merchandise and drugstore retailers, and frozen bakery products sold to in-store bakeries, restaurants and other foodservice customers. Ralcorp Holdings, Inc. was formed in 1994 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 6 of 6
Sector: Food M&A 6 of 6
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Italy M&A 1 of 1
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-06 Post Holdings

St. Louis, Missouri, United States

Post Holdings is a consumer packaged goods holding company, operating in the center-of-the-store, foodservice, ingredient, refrigerated, active nutrition and private label food categories. Post Holdings was founded in 1895 and is based in St. Louis, Missouri.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-29 Medallion Foods

Tacoma, Washington, United States

Medallion Foods, Inc. is focused on making the finest dry pasta products possible. Medallion was drawn to the west by some of the best durum semolina in the world, milled from the hard amber durum wheat grown in North America.

Sell -

Seller(S) 1

SELLER

Consilium

Milan, Italy

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 341M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Consilium is a private equity firm focused on small to mid-sized Italian companies. Consilium prefers to make majority investments and generally targets businesses generating €20 to €80 million in revenues. Prospective companies typically have strong management and a clear 'path to exit'. Consilium was formed in 2005 and is based in Milan.


DEAL STATS #
Overall 5 of 14
Sector: Food M&A 1 of 2
Type: Add-on Acquisition M&A Deals 3 of 6
Country: Italy M&A 5 of 14
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-01 Tucano Urbano

Milan, Italy

Tucano Urbano engages in the market of clothing and accessories for scooters and motorcycle enthusiasts. Tucano Urbano’s signature product is Termoscud©, a leg cover protecting the rider from cold and rain. Tucano Urbano is a very well-known brand, recognized for its innovation, functionality, and excellent price-quality ratio. Tucano Urbano was founded in 1999 and is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-03 Celli

San Giovanni in Marignano, Italy

Celli is a manufacturer of systems and accessories for the dispensing of beer, soft drinks. Celli also involved in the manufacturing of water dispensers, developing solutions that are more sustainable than bottled beverage consumption. Celli was founded in 1974 and is based in San Giovanni in Marignano, Italy.

Buy -