Global food giant Nestle is selling its bottled-water brands in North America for $4.3 billion to a pair of private equity firms that hope to reinvigorate sales.
Tayler optimistic about Nexeo parent s deal for Distrupol
Paul Tayler
Like most of the world, Nexeo Plastics President and CEO Paul Tayler is looking forward to better things in 2021.
In Tayler s case, his optimism is tied to Nexeo parent One Rock Capital Partners LLC acquiring European resin distributor Distrupol. Nexeo, a resin distributor based in The Woodlands, Texas, had competed with Chertsey, England-based Distrupol in some parts of Europe.
The deal was announced in January and is expected to close in the first half of 2021. When we close, we ll have two strong brands and a platform to grow and to look for further acquisitions in Europe and the Americas, Tayler said in a recent interview with
The years-long saga surrounding Nestlé and its Michigan groundwater withdrawals comes to an end – in a way – as Nestlé withdraws from the situation, selling its North American water brands to another corporation.
Nestlé announced this week that it unloaded a number of U.S. and Canadian brands, including Poland Spring Brand 100 percent Natural Spring Water, Ice Mountain Brand 100 percent Natural Spring Water and Pure Life.
This article is part of The Great Lakes News Collaborative, which includes Bridge Michigan, Circle of Blue, Great Lakes Now at Detroit Public Television, and Michigan Radio. It unites newsroom resources to report on the most pressing threats to the Great Lakes and drinking water supplies, including pollution, climate change, and aging infrastructure. The independent journalism is supported by the Charles Stewart Mott Foundation.
Nestle Sells NA Water Brands to Twinkie Turnaround Firm for $4 3 Billion consumergoods.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumergoods.com Daily Mail and Mail on Sunday newspapers.