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Nestlé to spin off water business in attempt to fuel growth
Nestlé said the new management of the drinks assets will "evaluate the strategy" for the business, including "exploring ...
Nestle open to partnerships for water business -exec
San Pellegrino and Perrier owner Nestle will spend the coming months carving out its 3.3 billion-Swiss-franc water business ...
Nestle CEO to Separate Water Brands Into Standalone Business
Nestle SA plans to separate its bottled water brands into a standalone business as new Chief Executive Officer Laurent Freixe ...
Beverage4h
Nestlé to spin off water brands into a standalone business
The new water business will be led by Muriel Lienau, who is currently Head of Nestlé Waters Europe, as of January 1, 2025.
Nestlé plans to double down on ‘billionaire brands’ in major overhaul, cutting $2.8 billion in costs
Nestlé is home to 31 brands that are "billionaires" in their own right. Still, it's slipped behind competitors—new CEO ...
Business Insider India3y
Nestle will sell several water brands, including Pure Life and Poland Spring, to 2 private equity firms for $4.3 billion
Perrier, S.Pellegrino and Acqua Panna, which contributed to the growth recovery of Nestle's North American water business in the third quarter, are not part of the sale agreement, the company said.