Gelit
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Sector
Food & Beverage
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Fund
PI III
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Entry date
May 2019
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Status
Realised
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Key numbers
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Turnover
+ 58 % -
Overseas revenues
> 60 % -
Change in EBITDA
+ 56 % -
New recipes
+ 70
The company
Gelit
Gelit is a leading manufacturer of ready meals, savoury snacks, and sweet and savoury frozen crêpes for the private label segment, with a portfolio of top-tier customers on the domestic market and strategic partnerships with international retailers. It stands out in its sector for the technological innovation of its products and its ability to offer high-quality recipes thanks to a short supply chain. Gelit was the first company in its category to obtain B-Corp certification and is also a benefit corporation (società benefit).
Progressio supported the definition and implementation of a substantial investment plan aimed at strengthening production assets, launching innovative new products and increasing production capacity, giving impetus to a path towards energy self-sufficiency. Progressio also supported the management team in implementing the international development strategy and gaining new customers, combining its role as a contract manufacturer with that of co-packer in partnership with major players in the sector.
