Nestlé and PAI to create joint venture for frozen pizza in Europe
date:Apr 28, 2023
Vice President, Chief Executive Officer Zone Europe at Nestl, said: We took a thorough look at our European pizza business and concluded that partnering with PAI provides the best platform to develop its full potential.

Nestl will remain invested in this business and participate in future growth and value creation as the joint venture continues to provide the very best pizza for consumers and retail partners.

Frdric Stvenin, a Managing Partner at PAI Partners, said: This transaction is testimo
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