date:May 09, 2019
s subject to customary closing conditions.
In January, Conagra announced that it was exploring strategic alternatives for its frozen pasta business.
Gelit produces Italian frozen food and ready meals, primarily for private label customers.
With a workforce of 145 employees, the business operates a facility located in Doganella di Ninfa and supplies products to a broad range of international customers.
For this deal, BNP Paribas acted as the sole financial advisor to Conagra Brands, and Jones