Nestlé has agreed to sell its U.S. and Canadian regional spring water brands, purified water business, and beverage delivery service to One Rock Capital Partners in partnership with Metropoulos & Co. for $4.3 billion. The brands include Poland Spring Brand 100% Natural Spring Water, Deer Park Brand 100% Natural Spring Water, Ozarka Brand 100% Natural Spring Water, Ice Mountain Brand 100% Natural Spring Water, Zephyrhills Brand 100% Natural Spring Water, Arrowhead Brand Mountain Spring Water, Pure Life, and Splash.
Nestlé’s international premium brands, including Perrier, S.Pellegrino, and Acqua Panna, are not part of the deal.
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