Evergreen Spring News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FRYEBURG, Maine — The sale of Poland Spring Brand Natural Spring Water, which gets water from springs around Fryeburg, to One Rock Capital Partners LLC and Metropoulos & Co. was announced March 31 as part of the private equity firms' previously announced acquisition of Nestle Waters North America, including Poland Spring, from Nestle S.A. According to Vending Times, Dean Metropoulos, an industry veteran with 40 years of experience operating and investing in food and beverage brands, has been appointed chairman and interim CEO of Nestle Waters North America. Metropoulus & Co describes ...

The sale of the Poland Spring water business is official, as of Thursday, but whether there will be any changes in Maine is not yet clear. Nestle SA, which sold Poland Spring to private equity interests, had a one-line press release Thursday saying the deal had closed but offered no other information.  The deal, which was first announced in February, included regional spring water brands, including Maine-based Poland Spring, to a pair of private equity firms for $4.3 billion. The buyers are an affiliate of One Rock Capital Partners LLC, a New York-based investment firm focused on high-pote...