Private equity firms Consilium and Progressio, alongside MMM, a company controlled by Italian entrepreneur Massimo Menna, have wholly acquired frozen foods specialist Gelit from NYSE-listed business Conagra Brands.
Michael Holgate has been promoted to partner, while Andy Dyer is now a director
Axis Participaciones and Sofimac Innovation, through Pertinence Invest 2, also take part in the round
Acquisition of processing company, rebranded as Millhouse Berlin, is the GP's fourth deal of 2020
Sale ends a five-year holding period, during which Aurelius sold Mez's Italy-based subsidiary