Panzani in exclusive merger talks with Cerealis, owner of Czech pasta brands

French pasta maker Panzani and Portuguese Cerealis are in exclusive negotiations to merge their pasta activities, consolidating European market presence. The deal would combine Panzani's French operations with Cerealis's Portuguese and Czech brands (Adriana, Zátkovy, Rosické Těstoviny, Ideál). Regulatory and antitrust approvals remain pending; financial terms undisclosed.