The Latest Breaking News from Peranel

Nestle spins out Buxton and Perrier water arm into £4.2bn joint venture

Trade unions cautioned Nestle and private equity firm Platinum Equity against changes to workers’ rights or jobs after the deal.

Evening Standard · Jul 23

Nestlé to pocket $3.43 billion with water business overhaul

Nestlé will receive approximately three billion euros from its global water business joint venture. This new company, named Peranel, will house premium water brands and the Nestlé Pure Life business. The transaction is anticipated to conclude during the first half of the year 2027. This move sharpens Nestlé's focus on…

The Economic Times · Jul 23