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Nestlé carves out joint venture for water business
By Dominic Bernard2026-07-23T06:46:00
More than 30 water and functional hydration brands including S Pellegrino, Source Perrier and Acqua Panna will be run by a new entity, Peranel
Nestlé has carved out a 50:50 joint venture for its water business, in the culmination of a six-year retreat from bottled water.
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