Private equity partnership to acquire Nestle Waters North America

摘要

One Rock Capital Partners in partnership with Metropoulos & Co. has entered into an agreement to acquire Nestle Waters North America (NWNA) for approximately $4.3 billion. Brands included in the sale are Poland Spring, Deer Park, Ozarka, Ice Mountain, Zephyrhills, Arrowhead, Pure Life and Splash. The brands combined had sales of approximately $3.7 billion in 2019, according to Nestle. The deal is expected to be completed in the spring. C. Dean Metropoulos will become the company's chairman and interim chief executive officer. In October, Mr. Metropoulos resigned as chairman of the board of Hostess Brands, Inc., Kansas City.