Nestlé partners with Platinum Equity to form Peranel waters, premium beverages joint venture valued at EUR 4.9 billion

Reuters2026/07/23 04:55

By:Reuters

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Nestlé plans a 50:50 joint venture with Platinum Equity to form Peranel for its waters and premium beverages business.
Peranel will cover more than 30 brands sold in 120 countries, including S.Pellegrino, Perrier, Acqua Panna.
Transaction values Peranel at EUR 4.9 billion, implying about EUR 3 billion cash proceeds to Nestlé at closing.
Deal is expected to close in H1 2027, subject to employee consultations and regulatory approvals.
Peranel will be headquartered in Paris, led by Muriel Lienau.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nestlé SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607230055OMX_____CNEWS_EN_GNW1001214039_en) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nestlé partners with Platinum Equity to form Peranel waters, premium beverages joint venture valued at EUR 4.9 billion

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