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The years-long saga surrounding Nestlé and its Michigan groundwater withdrawals comes to an end – in a way – as Nestlé withdraws from the situation, selling its North American water brands to another corporation. Nestlé announced this week that it unloaded a number of U.S. and Canadian brands, including Poland Spring Brand 100 percent Natural Spring Water, Ice Mountain Brand 100 percent Natural Spring Water and Pure Life. This article is part of The Great Lakes News Collaborative, which includes Bridge Michigan, Circle of Blue, Great Lakes Now at Detroit Public Television, and Michigan Radio. It unites newsroom resources to report on the most pressing threats to the Great Lakes and drinking water supplies, including pollution, climate change, and aging infrastructure. The independent journalism is supported by the Charles Stewart Mott Foundation. ....
Nestle Sells NA Water Brands to Twinkie Turnaround Firm for $4.3 Billion consumergoods.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumergoods.com Daily Mail and Mail on Sunday newspapers.
Nestlé will sell its Nestlé Waters North America business – including brands Pure Life, Poland Spring, Deer Park, Ozarka and delivery service ReadyRefresh – to One Rock Capital Partners and Metropoulos & Co. ....
One Rock Capital Partners, LLC ("One Rock") announced that one of its affiliates, in partnership with Metropoulos & Co., has entered into a definitive agreement to purchase Nestlé Waters North America ("NWNA" or the "Company"), a leading provider of bottled water in North America, from Nestlé S.A. Subject to customary closing conditions, the transaction is expected to be completed in the Spring, at which time Dean Metropoulos will become the Company's Chairman and interim Chief Executive Officer. ....