Nestlé and Platinum Equity to create Peranel water and premium beverages business

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Nestlé and Platinum Equity have agreed to create a new standalone company, Peranel, combining Nestlé’s global waters and premium beverages business in a 50:50 joint venture valued at €4.9 billion. The transaction is expected to complete during the first half of 2027, subject to regulatory approvals and employee consultations. Peranel will bring together more than…

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