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Posted by Jan Wondra | Feb 20, 2021
There is no shortage of controversy surrounding the Thursday, Jan. 18 news that private equity investment firms One Rock Capital Partners, LLC (One Rock) and Metropoulos & Co. have entered into an agreement to purchase Nestlé Waters North America (Nestlé NA).
The company is in the midst of a 1041 permit renewal review with Chaffee County for its Ruby Spring asset.The 1041 regulations allow local governments to identify, designate, and regulate areas and activities of state interest through a local permitting process.
Nestlé bottling plant in California. Image USA Today
While the county issued a statement that it had received word of the purchase agreement along with the rest of the world via a national news announcement from Nestlé Waters North America public relations representative Catherine Herter Ervin has assured