1661880867166 Supermarketfreezer

Conagra Sells Italian Frozen Meals Unit

May 6, 2019
Conagra Brands is divesting an Italy-based unit that makes and distributes frozen pasta and other products in the U.S. and Europe.

Conagra Brands is divesting an Italy-based unit that makes and distributes frozen pasta and other products in the U.S. and Europe.

Conagra is selling its Gelit unit to a consortium of three Italian investment firms. Terms were not disclosed.

Gelit, which makes frozen pasta, ready meals and crepes, had started as a unit of Barilla and was sold in 2012 to Ralcorp, which later became part of Conagra. The divestiture is part of Conagra’s strategy of concentrating on core brands.

Sponsored Recommendations

Learn About: Micro Motion™ 4700 Config I/O Coriolis Transmitter

An Advanced Transmitter that Expands Connectivity

Micro Motion™ G-Series Coriolis Flow and Density Meter

Micro Motion G-Series: market-leading compact design featuring advanced process diagnostic capability.

Embracing Sustainability using Advanced Measurement Instrumentation

A practical guide to greeningyour brewing operationsusing advanced measurementinstrumentation.

Get Hands-On Training in Emerson's Interactive Plant Environment

Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...