Nestlé Waters sells Nestlé Waters Direct Europe to Eden Springs Group
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Posted: 4 September 2014 | Nestlé | No comments yet
Nestlé Waters announced the sale of its Home and Office Delivery business in Europe to Eden Springs Group; these activities encompass 5 countries: Germany, the Netherlands, Poland, Portugal and Russia…
Nestlé Waters announced the sale of its Home and Office Delivery (HOD) business in Europe (Nestlé Waters Direct Europe) to Eden Springs Group; these activities encompass 5 countries: Germany, the Netherlands, Poland, Portugal and Russia.
In Europe, Nestlé Waters will focus on the retail sector which accounts for more than 80 % of its global turnover, throughout its unique portfolio of international sparkling brands S.Pellegrino and Perrier, its strong local brands such as Buxton and Naleczowianka and its family hydration brand Nestlé Pure Life.
The transaction is subject to customary closing conditions and the financial details will not be disclosed.