As a result, the company has decided to explore strategic options, including a potential sale, for the majority of the Nestlé Waters business in North America (U.S. and Canada), excluding its International brands. Facing tepid sales and criticism from environmental groups, the Swiss food giant is … That figure does not include higher-priced import brands like Perrier, S. Pellegrino and Acqua Panna, which are more profitable and which Nestlé intends to keep. Ahold Delhaize Acquires Online Grocer FreshDirect. A Nestlé Pure Life truck making deliveries of purified (filtered) water in south San Francisco bay area. During a telephone interview, Mr. Schneider said Nestlé had decided to consider exiting the U.S. water brands in part because they were not selling as well as the company would like. The board also confirmed its intent to explore strategic acquisitions to grow in this category, while pledging to make its entire global water portfolio carbon neutral and replenish associated watersheds by 2025. The company is already committed to certifying all of its water sites globally to the internationally respected Alliance for Water Stewardship (AWS) standard. Any private sale of the Aberfoyle Complex by Nestlé Waters Canada will be opposed by Six Nations, officials say. Nestlé is one of the pioneers in the global water business and remains committed to healthy hydration. The Nestlé Waters business in North America, excluding International brands, had sales of around CHF 3.4 billion in 2019. Nestlé announced on Thursday that, also by 2025, it will replenish all of the water it draws from watersheds while taking measures to offset the carbon dioxide produced by bottled water production and transport. The company will sharpen its focus on its iconic international brands, its premium mineral water brands and invest in differentiated healthy hydration, such as functional water products. At the same time, the board concluded that its regional spring water brands, purified water business and beverage delivery service at its Nestlé Waters North America unit lie outside this focus. Nestlé, whose brands of baby formula, ice cream, chocolate, pet food and coffee are omnipresent worldwide, has been moving into plant-based meat substitutes, promising to reduce sugar and fat content in its products, and aiming to make all of its packaging recyclable by 2025. Additionally, the company will further build its leading premium mineral water brands around the world and invest in differentiated products under the Nestlé Pure Life brand, such as functional water with health-enhancing ingredients. This review is expected to be completed by early-2021. Achieve Carbon Neutrality: Nestlé Waters will pursue high-quality offsets in addition to investing in projects that reduce or capture carbon across its portfolio. Local implications of international deal. Nestlé Weighs Sale of Water Unit in Push Toward Sustainability. Last year, Nestlé sold a majority of its Herta lunch meat business in Europe to Casa Tarradellas, a Spanish company, but kept a minority stake. Nestlé Waters is the water division of Nestlé dedicated to healthy hydration, committed to enhancing quality of life and contributing to a healthier future A Chaffee County staff report this month on the Nestlé Waters permit renewal application said the company “has indicated it will be selling Nestlé Waters North America in 2021.”. The portfolio encompasses 48 water brands and one tea brand on five continents, including internationally renowned brands such as Perrier, S.Pellegrino and Acqua Panna, as well as regional premium brands like Erikli® in Turkey, Sohat® in Lebanon and Buxton® in the UK. It culminates a 3-year relationship between the companies after Mars took a minority stake in KIND in 2017.
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