Nestlé Nears €5 Billion Water Division Stake Sale to Private Equity Firms

Nestlé is advancing its plans to sell a 50% stake in its premium water division, which includes the renowned Perrier and San Pellegrino brands. The deal is currently valued at approximately €5 billion, drawing significant interest from major global investment players. Leading private equity firms, including CD&R, KKR, and PAI Partners, have reportedly progressed to the next round of the bidding process. This strategic divestment is part of Nestlé's broader effort to streamline its corporate portfolio and focus on high-growth core segments. Analysts view the move as a positive step toward optimizing the company's balance sheet and unlocking latent value within its water business. The involvement of top-tier private equity firms provides strong valuation support for Nestlé's shares as the process moves forward.

Sources:ft.comfoodnavigator.comlemonde.frreuters.comglobalbankingandfinance.com