After extended search, Nestle has finally settled on its partner for its lower-priority water biz. Swiss CPG giant today announced that it’s pooling its packaged water biz with Platinum Equity via 50-50 partnership dubbed Peranel. That alliance spans 30+ brands sold in 120 countries, including European sourced mainstays Pellegrino, Perrier...
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Nestle Finds Its Partner for Bottled Water with Platinum Equity, Which Will Write €3 Bil Check
Publishing Info
- Year: 2026
- Volume: 23
- Issue #: 144
- Issue Date: 07/23/2026
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Beverage Business INSIGHTS