Nestlé and Platinum Equity Close the Peranel Waters Deal
ESTIMATED75% CONFIDENCENestlé'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.
€4.9B
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