Nestlé water unit sale reportedly underway

Nestlé water unit sale reportedly underway

Nestlé launches the sale of a stake in its €5bn water business, attracting major private equity interest. Explore what the divestment means for brands like Perrier and S.Pellegrino - and the strategic opportunities ahead for Nestlé.

Nestlé is working on selling its water division - RetailDetail EU

Food giant Nestlé has initiated the sale process for its water division, which includes brands such as Vittel, Perrier, and San Pellegrino. That division is estimated to be worth around €5 billion.

Nestlé 'moves ahead with water stake sale'

The San Pellegrino brand owner is reportedly asking potential buyers to put forward first-round bits for the shareholding this month.

Nestlé presses ahead with bottled water carve-out as private equity circles €5bn business

The Swiss giant has invited first-round bids for the water unit, valued at around €5 billion, according to sources, with Rothschild advising on the transaction.