Live Breaking News & Updates on Historic Poland Spring

Stay updated with breaking news from Historic poland spring. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Poland Spring, other Nestlé water brands sold to investment firms for $4.3B


Swiss food conglomerate Nestlé SA has agreed to sell several North American 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-potential middle market businesses, and Metropoulos & Co., a family-owned backer of several food and beverage brands including Hostess Brands, Utz snacks, Pabst Brewing Co. beer and Ghirardelli Chocolates.
A spokesman for Nestlé was not immediately available to comment on interest from other potential suitors or when talks with that led to the transaction began. Coca-Cola Co. and PepsiCo Inc. had previously been cited by Bloomberg News as potential buyers for the brands. ....

United States , Switzerland General , Poland Spring , King Field , Mark Schneider , Jim Neuger , Tonyw Lee , Swiss Stock Exchange , Pabst Brewing Co , Cola Co , Rock Capital Partners , Perrier Water Co , Poland Spring Preservation Society , Pepsico Inc , North American , Maine Based Poland Spring , One Rock Capital Partners , New York Based , Hostess Brands , Pabst Brewing , Bloomberg News , Waters North America , Perrier Water , Deer Park , Ice Mountain , Pure Life ,