Nestlé selling Zephyrhills spring water, other bottled brands for $4.3 billion
The water company, which sources from Crystal Springs, is being sold to a pair of investment firms.
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Updated Feb. 17
Zephyrhills Natural Spring Water, a Pasco County brand that has pumped water from nearby Crystal Springs into bottles on store shelves throughout the Southeast, is being sold by parent company Nestlé as part of a $4.3 billion deal.
Nestle is selling the bulk of its North American bottled water business to a pair of investment firms, One Rock Capital Partners and Metropoulos & Co. Among the water brands affected: Poland Spring, Deer Park, Ice Mountain, Arrowhead, Ozarka, Pure Life, Splash and ReadyRefresh.
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