Nestlé's release is datelined "Vevey, Switzerland – July 23, 2026" and its half-year release says "On July 23, 2026, Nestlé and Platinum Equity[4] announced a plan to create Peranel"; Just Drinks[6] reports it was "issued alongside Nestlé's first-half results", and Platinum Equity's PR Newswire copy is stamped "Jul 23, 2026, 01:05 ET" (05:05 UTC), i.e. the 07:00 CEST results release.
Nestlé will put S.Pellegrino, Perrier, Acqua Panna, Nestlé Pure Life and its other waters and premium beverages into Peranel, a 50:50 joint venture with Platinum Equity valued at EUR 4.9 billion. Nestlé expects about EUR 3.0 billion in cash at closing, due in the first half of 2027.
Nestlé and Platinum Equity announced a plan to create Peranel, a 50:50 joint venture for Nestlé's waters and premium beverages business[1]
Peranel spans more than 30 brands sold in 120 countries, including S.Pellegrino, Source Perrier, Acqua Panna and the global Nestlé Pure Life brand, and has an in-house R&D team behind about 120 launches since 2022[1]
The deal assigns Peranel an enterprise value of EUR 4.9 billion (CHF 4.5 billion), implying cash proceeds for Nestlé of about EUR 3.0 billion (CHF 2.8 billion) at closing[1][5]
Peranel will be headquartered in Paris and led by Muriel Lienau, the current CEO of the business, who has been with Nestlé for more than 30 years[4]
Platinum Equity, with about $48 billion under management, puts the enterprise value at $5.6 billion; Bank of America and Latham & Watkins advised it[4]
The transaction is subject to employee consultation processes and regulatory approvals and is expected to close in the first half of 2027[1][5]
Nestlé first said it would separate the waters unit in 2024 and explore partnerships at its November 2024 capital markets day; in the first half of 2026 the unit grew 5.1% organically[6]
Analysts told FoodNavigator the 50:50 structure lets Nestlé deconsolidate a lower-growth, lower-margin business while keeping some of the upside[2]
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
Nestlé's release is datelined "Vevey, Switzerland – July 23, 2026" and its half-year release says "On July 23, 2026, Nestlé and Platinum Equity[4] announced a plan to create Peranel"; Just Drinks[6] reports it was "issued alongside Nestlé's first-half results", and Platinum Equity's PR Newswire copy is stamped "Jul 23, 2026, 01:05 ET" (05:05 UTC), i.e. the 07:00 CEST results release.
foodnavigator.com· Published Aug 6, 2026· 17% of score
FoodNavigator analysis of the 50:50 structure: deconsolidating a lower-growth, lower-margin business while retaining upside; water no longer fits Nestlé's four focus businesses.
insidefmcg.com.au· Published Jul 24, 2026· 16% of score
Inside FMCG: names further Peranel brands (Maison Perrier, Buxton, La Vie) and the roughly EUR 3 billion (US$3.4 billion) cash Nestlé receives while keeping 50%.
platinumequity.com· Published Jul 23, 2026· 16% of score
The partner's own release (LONDON, July 23, 2026): 50/50 JV, more than 30 brands in 120 countries, Paris HQ under Muriel Lienau, $5.6 billion (EUR 4.9 billion) enterprise value, close expected by H1 2027, advisers.[1]
Nestlé's ad hoc half-year release, issued the same morning: 'On July 23, 2026, Nestlé and Platinum Equity[4] announced a plan to create Peranel'; EUR 4.9 billion EV, about CHF 2.8 billion net cash proceeds expected in H1 2027.
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ESTIMATED75% CONFIDENCEin 279 daysNestlé's half-year release says the transaction "is expected to close in H1 2027" with "net cash proceeds of approximately CHF 2.8 billion expected in H1 2027", and Platinum Equity[3] says "expected to close by the first half of 2027"; the span's last day, 30 June 2027, is used as an estimate.
Expected completion of the deal that moves S.Pellegrino, Perrier, Acqua Panna and Nestlé's other waters into Peranel, a 50:50 joint venture with Platinum Equity, paying Nestlé about EUR 3.0 billion (CHF 2.8 billion) in cash. Closing still needs employee consultations and regulatory approvals.
SCHEDULED81% CONFIDENCEin 28 daysScheduled per the Shareholder information page of Nestlé's Half-Year Report 2026: "October 22, 2026 - 2026 nine-months sales figures"; the hour is estimated from the pattern of Nestlé's results releases, each stamped "01:00 ET" (07:00 in Vevey), which on 22 October (CEST) is 05:00 UTC.[1]
Nestlé publishes its January-September 2026 sales, the first update since it kept its 3% to 4% organic growth guidance in July and agreed the Peranel waters joint venture. Last year's nine-month release brought a 4.3% third quarter and about 16,000 job cuts.
CONFIRMED86% CONFIDENCE1.3 years agoAP, datelined Paris 19 May 2025: 'a Senate inquiry commission said Monday'; Public Sénat: the senators 'ont rendu leurs conclusions ce lundi 19 mai'. The Senate's notice gives the filing: 'Rapport n° 628 (2024-2025), tome I, déposé le 14 mai 2025'.[1]
After six months and 73 hearings, a Senate commission said the French state hid Nestlé Waters' use of banned treatments on Perrier, Vittel, Contrex and Hépar, a fraud France's fraud-control agency puts at over 3 billion euros.
CONFIRMED82% CONFIDENCE161 days agoStated as firm: Nestlé's release "Nestlé releases the results from its 159th Annual General Meeting" is dated 16 April 2026 and reports the meeting held that day at the SwissTech Convention Center in Lausanne; the February board release had set the AGM for April 16, 2026.[1]
At its 159th Annual General Meeting in Lausanne, Nestlé's shareholders re-elected Pablo Isla as Chair and elected former Swiss National Bank chairman Thomas Jordan and P&G executive Fama Francisco to the board. They also approved a CHF 3.10 dividend, the 30th consecutive increase.
Nestlé Waters Supply Sud Source Perrier, Vergèze, Nîmes, Gard, Occitania, Metropolitan France, 30310, FranceNestlé
CONFIRMED88% CONFIDENCE280 days agoGard prefecture: 'L'arrêté préfectoral d'autorisation d'exploiter N°30 2025 12 18 00009 a été publié ce jour' (published 19/12/2025); Actualités News Environnement: 'un arrêté préfectoral du 18 décembre 2025 y autorise l'exploitation des forages Romaine VI et Romaine VII'.[1]
The prefect authorised Nestlé Waters Supply Sud to bottle 'Source Perrier' natural mineral water at Vergèze from only the Romaine VI and VII boreholes, with three others disconnected and 24 months of reinforced health checks.
CONFIRMED85% CONFIDENCE23 days agoNestlé's ad hoc announcement, datelined "Vevey, 1 September 2026", says "Nestlé has agreed to divest its mainstream Vitamins, Minerals and Supplements (VMS) business ... to Yellow Wood Partners for USD 1.0 billion"; Yellow Wood's matching PR Newswire[5] release ("BOSTON, Sept. 1, 2026") is stamped "Sep 01, 2026, 13:00 ET" (17:00 UTC).
Nestlé agreed to sell its mainstream vitamins business - Nature's Bounty, Osteo Bi-Flex, Ester-C, Gard, Nuun, Puritan's Pride and Sisu, with its US private-label supplements and their plants - to Yellow Wood Partners for $1.0 billion. The business had $1.2 billion of sales in 2025; Nestlé keeps premium brands such as Solgar and Pure Encapsulations.
CONFIRMED81% CONFIDENCE358 days agoStated as firm: Nestlé's release of 16 September 2025 (Vevey) says "Pablo Isla will become Chairman effective October 1, following Paul Bulcke's decision to step down from the Board earlier than planned"; the pin is the effective day, the announcement having gone out on 16 September at 12:15 ET per GlobeNewswire[1].
Former Inditex boss Pablo Isla took over as Nestlé's chairman on 1 October 2025, six months earlier than planned, after Paul Bulcke chose to step down in the wake of the CEO's dismissal. Dick Boer became Lead Independent Director and Vice Chairman.
ESTIMATED74% CONFIDENCEin 279 daysYellow Wood's release says "The transaction is subject to applicable regulatory approvals and is expected to close by the first half of 2027", matching Nestlé's ad hoc announcement; the span's last day, 30 June 2027, is used as an estimate.[1]
Expected completion of Yellow Wood Partners' $1.0 billion purchase of Nature's Bounty, Nuun, Osteo Bi-Flex, Ester-C, Gard, Puritan's Pride and Sisu from Nestlé, pending regulatory approvals. The carved-out business, with $1.2 billion of 2025 sales, will run as a standalone company.
CONFIRMED88% CONFIDENCE217 days agoStated as firm: the GlobeNewswire[1] copy of Nestlé's ad hoc announcement is stamped "February 19, 2026 01:00 ET" (07:00 CET in Vevey, 06:00 UTC), with the analyst call at "09:00 CET".
Nestlé grew 3.5% organically in 2025 on sales of CHF 89.5 billion, proposed a dividend of CHF 3.10 a share, up 5 centimes, and set out a focus on four businesses: Coffee, Petcare, Nutrition and Food & Snacks. It guided to around 3% to 4% organic growth in 2026.
CONFIRMED84% CONFIDENCE154 days agoNestlé's ad hoc 'Three-month sales 2026' release, datelined "Vevey, 23 April 2026", states "Nestlé has agreed the sale of Blue Bottle Coffee to Centurium Capital. The transaction is subject to the customary conditions and is expected to close during H1-26"; Daily Coffee News[4] calls this "the first direct confirmation from any of the companies involved that a sales agreement was reached".
Nestlé agreed to sell Blue Bottle Coffee, bought in 2017, to Centurium Capital, the biggest shareholder of China's Luckin Coffee, with the deal expected to close in the first half of 2026. The sale covers Blue Bottle's more than 100 cafes and most of its packaged-coffee business; Nestlé keeps the Blue Bottle Nespresso pods.
CONFIRMED88% CONFIDENCE343 days agoStated as firm: the GlobeNewswire[1] copy of Nestlé's ad hoc announcement is stamped "October 16, 2025 01:00 ET" (07:00 CEST in Vevey, 05:00 UTC) and datelined "Vevey, October 16, 2025", with the call at "09:30 CEST".
In Philipp Navratil's first results as CEO, Nestlé's third-quarter organic growth rose to 4.3% with volumes (RIG) back up 1.5%, and it raised its cost-savings target to CHF 3.0 billion by 2027, including about 16,000 job cuts over two years. The shares closed 9.3% higher.
ESTIMATED69% CONFIDENCEin 1.3 yearsA target, not a fixed date: Nestlé's full-year 2025 release (19 February 2026) says "In Q4 2025, we announced an acceleration of planned global headcount reductions to c. 16,000 by the end of 2027" and keeps the savings goal of "CHF 3.0 billion by the end of 2027"; a year-end target takes its last day.[1]
Nestlé aims to finish cutting about 16,000 jobs and reach CHF 3.0 billion of Fuel for Growth cost savings by the end of 2027. By mid-2026 it reported CHF 1.7 billion of savings delivered.
