Crosta Mollica merges with the European pizza business spun off from Nestlé, creating a new venture that includes private-equity firm PAI Partners, according to reports.

The deal combines Crosta Mollica with the Nestlé pizza unit already positioned as a standalone European business. Both outlets describe the transaction as a merger into a jointly controlled venture structure with PAI Partners, rather than a standalone acquisition.

While the sources agree on the core terms—Crosta Mollica’s merger with Nestlé’s European pizza spin-off and the involvement of PAI Partners—they provide limited additional detail in the shared excerpts, including no specific geographic scope beyond Europe, no disclosed financial terms, and no timing or management arrangements.

Overall, the reporting indicates a consolidation of the Crosta Mollica brand with Nestlé’s spun-off pizza operations under private-equity backing, marking a change in ownership and corporate structure for the European pizza business.