One Rock Capital Partners and Metropoulos & Co. Acquire Nestlé Waters North America
March 31, 2021
One Rock Capital Partners, in partnership with Metropoulos & Co., completed the acquisition of Nestlé Waters North America from Nestlé S.A. The deal transfers NWNA — the Stamford-based bottled water business that includes brands like Poland Spring and the ReadyRefresh delivery service and ~7,200 employees — to new private ownership to operate as an independent company focused on growth and operational improvement.
- Buyers
- One Rock Capital Partners, LLC, Metropoulos & Co.
- Targets
- Nestlé Waters North America
- Sellers
- Nestlé S.A.
- Industry
- Food & Beverage
- Location
- Connecticut, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Nolan Capital Acquires Majority Stake in Water Engineering, Inc.
March 21, 2022
Industrial Services
Nolan Capital, the family office of Peter Nolan, has acquired a majority stake in Water Engineering, Inc., a Omaha-based provider of industrial water treatment solutions, chemicals and services. Nolan Capital’s Southern California portfolio company, Apollo Technologies, will join the combined Water Engineering platform as the investor and management team intend to pursue further acquisitions to build a national water treatment platform.
-
One Rock Capital Partners Acquires Nexeo Plastics
March 29, 2019
Industrial Services
One Rock Capital Partners completed the acquisition of Nexeo Plastics, the plastics distribution business carved out from Nexeo Solutions (a subsidiary of Univar Inc.). One Rock will operate Nexeo Plastics as a stand‑alone, pure‑play plastics distributor to deepen supplier and customer relationships and invest in growth and operational capabilities.
-
Nestlé USA Acquires Essentia Water from First Bev
March 9, 2021
Food & Beverage
Nestlé USA has acquired Essentia Water, the premium alkaline/functional bottled water brand, from private equity firm First Bev. Terms were not disclosed; First Bev praised the brand’s growth under its ownership and founder Ken Uptain for building a strong consumer platform. Nestlé said the deal expands its presence in the premium functional water segment.
-
Champlain Financial Corporation and GefCo Acquire Naya Waters from L Catterton Partners
March 22, 2021
Food & Beverage
Champlain Financial Corporation and GefCo have acquired Naya Waters from L Catterton, returning the 35-year Quebec spring-water business to 100% Quebec ownership. The Mirabel-based company, which employs more than 80 people at its facility, will be positioned to accelerate product and packaging development and expand distribution across Canada.
-
Platinum Equity Acquires Lonza's Water Care Business
February 28, 2019
Manufacturing
Platinum Equity completed the acquisition of Lonza's water care business in a transaction valued at approximately $630 million. Headquartered in Alpharetta, Georgia, the business operates six production facilities across North America, South America and EMEA and supplies consumer pool-care brands and industrial/municipal water treatment solutions; Platinum Equity will operate it as a standalone platform and will announce a new corporate identity.
-
Levine Leichtman Capital Partners Acquires USA Water
February 22, 2024
Utilities
Levine Leichtman Capital Partners (LLCP) has acquired USA Water from Warren Equity Partners, with management reinvesting and continuing to lead the company. Headquartered in Rosenberg, Texas, USA Water provides operations and maintenance (O&M) services for water and wastewater systems across the Southeast United States; LLCP plans to broaden its service capabilities and geographic footprint through organic growth and strategic acquisitions.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.