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Nestlé continues strategic transformation of water business, agrees on sale of Nestlé Waters North America brands

Nestlé S.A. today announced that it has reached an agreement to sell its regional spring water brands, purified water business and beverage delivery service in the U.S. and Canada to One Rock Capital Partners in partnership with Metropoulos & Co. for USD 4.3 billion. The Company’s international premium brands including Perrier®, S.Pellegrino® and Acqua Panna® are not a part of the deal. The transaction is expected to close following the completion of customary closing conditions.

See the press release from Nestlé S.A.

See the press release from One Rock Capital Partners