Supplier News

Ralcorp Buys Gelit For Frozen Ready Meals

St. Louis-based Ralcorp Holdings announced Monday that it completed the purchase of Gelit, a producer of private-brand, frozen ready meals in Italy. Terms were not disclosed but the Italian-based company and its 130 employees will operate as part of Ralcorp's American Italian Pasta Company division.

Gelit has annual sales of about $45 million, Ralcorp said in a news release, and manufactures and distributes a complete line of meals to retail and wholesale customers, primarily in Italy and the U.S. Offerings include pasta, sauce, varieties with meat or fish, and traditional crepe entrees.

"We are pleased to welcome the Gelit management team and employees to the Ralcorp family," said Kevin J. Hunt, Ralcorp president and CEO, in the release.  "We believe this combination further strengthens our position as a diversified provider of private-brand foods and adds numerous strategic benefits to our pasta platform."

Did you enjoy this article? Click here to subscribe to Private Label Buyer.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

The PLBuyer Top 10, April 2013

The following stories were the top 10 most-read items posted to the PLBuyer website during the month of April—and we’ve collected them here for quick and easy review. Click through to read the full stories.

Podcasts

Coming with a clear, comprehensive plan was the key to success for Longo Brothers Fruit Markets when the grocer decided to roll out a two-tier private label strategy, Jenny Longo and Robert Koss tell PLBuyer editor Chris Freeman in this podcast.

More Podcasts

THE MAGAZINE

Private Label Buyer Magazine

PLB May 2013 cover

May 2013

The May 2013 Issue of Private Label Buyer includes a cover story on deli choices, as well as Category Insights on milk and juice and cheese products. Check it out today!

Table Of Contents Subscribe

PLMA Trade Show

How often have you attended a PLMA Trade Show, in the U.S., Europe or Asia, as an attendee or an exhibitor?
View Results Poll Archive

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

plbuyer superstore logo

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40px