CADILLAC â Nestle Waters North America, the controversial water-bottling company, is under new ownership.
One Rock Capital Partners, LLC and Metropoulos and Co. announced on March 31 that the partnership had completed purchasing Nestle Waters North America. The companies had announced the arrangement in February; Nestle had announced in summer 2020 that the company intended to divest of its regional water brands, which include the Ice Mountain brand with facilities in Osceola and Mecosta counties.
Nestle had no comment beyond a press release from One Rock and Metropoulos and Co. that announced the dealâs completion.
But Michigan Citizens for Water Conservation, the organization thatâs been disputing Nestleâs attempts to increase water withdrawal in Osceola County, did have something to say.