Nestlé Waters North America and its controversial Ice Mountain bottled water operations in Michigan are being sold to a pair of New York private equity firms and that has water advocates who ve knocked heads with Nestlé for years, alleging environmental impacts from its water extraction, worried about what comes next.
One Rock Capital Partners LLC and Metropoulos & Co. this week announced an agreement to purchase Nestlé Waters North America, the U.S. and Canadian bottled water lines from Swiss-based Nestlé S.A., the largest food and drink company in the world, for a reported $4.3 billion.
Nestlé has come under fire for its taking of Michigan groundwater essentially for free more than 1 million gallons per day at its Ice Mountain bottled water operation in Mecosta and Osceola counties for nothing more than a $200-per-year state permit water that it then bottles and sells for profit. Nestlé officials have countered that they are far down the list of consumpti
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.
Chaffee County stated in a press release Wednesday that despite the announcement of the sale of Nestlé Waters North America to two private equity investment firms, they expect the current
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New York, Feb. 18, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Medical Foam Market Research Report by Form, by Material, by Application - Global Forecast to 2025 - Cumulative Impact of COVID-19 - https://www.reportlinker.com/p05993402/?utm source=GNW
Market Statistics:
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. This helps organization leaders make better decisions when currency exchange data is readily available.
1. The Global Medical Foam Market is expected to grow from USD 27,364.48 Million in 2020 to USD 36,574.46 Million by the end of 2025.
2. The Global Medical Foam Market is expected to grow from EUR 23,993.69 Million in 2020 to EUR 32,069.18 Million by the end of 2025.