Page 11 - சர்வதேச பாட்டில் தண்ணீர் சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nestle selling North American bottled-water brands for $4.3 billion SECTIONS Last Updated: Feb 19, 2021, 09:50 AM IST Share Synopsis Swiss-based Nestle said it intends to sharpen its focus on its international premium water brands, including Perrier, S. Pellegrino and Acqua Panna, which were not part of the deal. Nestle s North American water business has 27 production facilities and more than 7,000 employees. It sources water from 38 active springs throughout the US. Global food giant Nestle is selling its bottled-water brands in North America for USD 4.3 billion to a pair of private-equity firms that hope to reinvigorate sales. Brands including Poland Spring, Deer Park, Arrowhead, Ozarka, Zephyrhills and Pure Life will be sold to a subsidiary of One Rock Capital Partners and investment firm Metropoulos & Co. The deal, which is expected to close this spring, will create one of the largest beverage companies in the US.

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