Nestlé Waters
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Nestlé Waters is a Swiss multinational bottled water division of
Nestlé Nestlé S.A. (; ; ) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other metrics, sin ...
it was founded in 1992.


Key Facts and figures (2015)

Sales: 7.625 billion CHF Nestlé Waters has roughly 31,740 employees and includes several brands such as Acqua Panna, San Pellegrino, Perrier, Vittel, Al Manhal and Buxton.


History

1843: Henri Nestlé establishes his first lemonade and water bottling factory. 1866: Foundation of the Nestlé Group 1969: Acquisition of a 30% stake in the Société Générale des Eaux Minérales de Vittel in France 1974: Acquisition of the German Blaue Quellen group 1987: Nestlé S.A. takes a majority stake in Vittel and joins with Arrowhead 1992: Acquisition of the Source Perrier S.A. Source Perrier SA Group. Nestlé becomes the leading player on the world bottled water market, under the name of Nestlé Sources International (NSI) 1996: NSI changes its name to accelerate its international development and becomes: Perrier Vittel S.A. 1998: Take-over of Italy's leading bottled water producer, Sanpellegrino S.p.A. and launch of Nestlé Pure Life, the first multi-site bottled water under the Nestlé Brand 2000: Simultaneous launch of Nestlé Aquarel, pan-European, multi-site spring water on six markets 2001: Acquisition by Perrier Vittel of Al Manhal, the leading bottled water company in Saudi Arabia which becomes the leading bottled water player in the Middle East region 2002: Perrier Vittel becomes Nestlé Waters CEO Leader 2003: Nestlé Waters acquires the Powwow Group 2005: Nestlé Waters further develops its business on the African continent via the launch of Nestlé Pure Life in Nigeria and the creation of a partnership in Algeria 2006: Nestlé Waters acquires the majority shares in Erikli and becomes the Turkish market leader. 2007: Nestlé Waters acquires Sources Minérales Henniez S.A. and becomes the Swiss leader in the bottled water market. Joint venture agreements signed in Mexico and Chile. 2008: Nestlé Pure Life, has become in just a decade the world's leading bottled water brand, with 5 billion liters sold worldwide. 2009: Nestlé Waters strengthens its presence in two key emerging countries: in Brazil by acquiring Àguas de Santa Barbara in the São Paulo region; and in China by acquiring Dashan Drinks, the leading bottled water player in Yunnan Province In 2009, a U.S. report entitled "Tour D'Horizon with Nestle: Forget the Global Financial Crisis, the World Is Running out of Fresh Water" involved the departments of agriculture, commerce, energy and environment science and technology as a result of Nestle executives from Switzerland advising of their research. One of the main aspects asserts that a high meat-based diet uses water inefficiently, particularly for an increasing global population. Livestock feed on crops that require high amounts of water such corn and soy. High demand for water overall has already created a drain on underground aquifers and other natural fresh water sources worldwide. Nestle estimates that: “There is not nearly enough fresh water available to provide this standard to a global population expected to exceed 9 billion by mid-century.” The report points out the need to attend to where water is being flowed and asks for greater efficiency in its global delivery. Also in that same year of 2009, on April 23, during a Nestle Waters shareholders' meeting at the headquarters in Greenwich, Connecticut, a protest group arrived with the campaign of "Think Outside the Bottle" (from Corporate Accountability International, along with representatives from both Michigan Citizens for Water Conservation and Protecting Our Water and Wildlife Resources), claiming Nestle Waters, for the sake of increasing profits, overrode local rights to "community water resources" despite protective opposition. The campaign director Deborah Lapidus said, "These water grabs are having long-lasting impacts on ecosystems and water supplies long held in the public trust." she said. One of the specific cases the organization protested against was regarding when Nestle bypassed a 2006
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ordinance that aimed to maintain local control over water resources by accessing the law through the state level. Nestle officials responded by giving a progress report on their intentions for transparency with labeling their water sources and locations. 2012: Nestlé Waters establish a distribution agreement with Ambev in Brasil 2013: - Official opening of the new factory in Buxton (United Kingdom) - New factory in Pocheon Edong (South Korea) with Pulmuone Waters - Acquisition of the Mineral water spring
Vale do Sol Vale do Sol is a municipality in the state of Rio Grande do Sul, Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over ...
in Brasil 2020: Nestlé Waters announced the planned sale of its Canadian water bottling division to
Ice River Springs Ice River Springs is a private label bottled water producer for retailers and food service operators and manufacturer of the Ice River Green brand of bottled water. The company runs a plastic recycling operation, Blue Mountain Plastics (BMP), ...
; the latter was expected to take over the Nestlé Pure Life brand and the ReadyRefresh delivery service. The deal required regulatory approval which was not achieved in a timely manner; consequently, Nestle cancelled the deal in early September. 2021: Nestlé announced on 16 February that it had agreed to sell its water brands to One Rock Capital Partners and Metropoulos & Co. The sale, expected to conclude in spring, would include the spring water and mountain brands in Canada and the US, the purified water brand and the delivery service. The plan did not include the Perrier, S.Pellegrino and Acqua Panna brands. In early April 2021, the sale was concluded, with its US operations now operating as BlueTriton Brands.


See also

* BlueTriton Brands * Corporate Accountability International * International Bottled Water Association * List of Nestlé brands * Nestlé Pure Life


References

{{DEFAULTSORT:Nestle Waters W Bottled water brands Food and drink companies established in 1992 French companies established in 1992 Drink companies of France Hauts-de-Seine Companies based in Île-de-France