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Nestlé, agreement with Pai fund for frozen pizza in Europe

The company will be based in Germany: two plants, one in Italy, in Benevento

Nestlé and private equity firm Pai Partners have agreed to form a joint venture for Nestlé's frozen pizza business in Europe. The goal is to create a dedicated operator "in a competitive and dynamic category". The company will be based in Germany and led by a strong and experienced management team: it will operate two production plants, in Nonnweiler, Germany, and Benevento, Italy.Under the agreement N...

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EFA News - European Food Agency
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