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Nestlé and Platinum Equity form Peranel, a new joint venture in water and premium beverages.

Company Fundamentals
23 Jul 2026
Na
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Bullish
pluang ai news

Nestlé and Platinum Equity have announced a 50:50 joint venture named Peranel, combining Nestlé's waters and premium beverages business. Peranel will manage over 30 brands, including S.Pellegrino, Perrier, and Acqua Panna, with products sold in 120 countries. The venture aims to focus exclusively on water and premium beverages to drive growth through innovation and operational excellence. The deal, valued at EUR 4.9 billion, is expected to close in the first half of 2027 after regulatory approvals and employee consultations.

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