Nestlé Waters North America has signed a distribution agreement with Polar Beverages to manufacture, distribute and sell cans under the Nestea and Poland Spring brands of iced tea and water.
Using the name Polar Strategic Ventures, the alliance will cover the eastern states of the US when it becomes effective later this month. Nestlé Waters’ Jeff Weston will become its new COO, reporting to Nestlé Waters North America and Polar Beverages CEOs Tim Brown and Ralph Crowley.
The partnership continues a 20-year relationship between the two companies; Polar Beverages already co-packs some Nestlé Waters sparkling drinks and tea products, and distributes several Nestlé Waters products across New England.
Nestlé Waters North America CEO and chairman Tim Brown said: “This agreement allows us to combine our strong premium brands with one of the premiere can manufacturers and distributors in the United States. It will advance our goal of having our products available for immediate consumption in all formats, at anytime and anywhere.”
Polar Beverages CEO Ralph Crowley added: “We look forward to strengthening our long partnership with Nestlé Waters and adding Nestea and Poland Spring cans to our strong brand portfolio.”
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