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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.
New California-based bottled water brand launches amid industry safety concerns
A new bottled water brand, Loonen, launched last week in select California retailers and on Amazon, following a $6 million funding round led by Brand Foundry Ventures.
IDS Borjomi opens $120m water bottling plant in Georgia
IDS Borjomi Georgia has inaugurated a state-of-the-art water bottling facility in Kvibisi, marking a significant milestone in the Georgian beverage industry.
Ty Nant strengthens portfolio with acquisition of Strathmore Water from AG Barr
Ty Nant, a player in the premium bottled water sector, has acquired Strathmore Water from AG Barr, marking a significant strategic move for both brands.
Almarai signs agreement to acquire Pure Beverages in $277m deal
Saudi Arabian F&B group Almarai Company has signed an agreement to acquire water company Pure Beverages Industry Company in a deal valued at SAR 1.04 bn (approx. $277m).
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