EU Gives Nestlé Green Light For Water Joint Venture

(MENAFN- Swissinfo) The European Commission has given the go-ahead to Nestlé's proposed joint venture in the water sector with the Swiss food giant's partner, US investment firm Platinum Equity. Select your language

Generated with artificial intelligence. Listening: EU gives Nestlé green light for water joint venture This content was published on October 13, 2026 - 16:16 2 minutes Keystone-SDA

Français fr Nestlé: feu vert européen au projet de coentreprise pour les eaux Original Read more: Nestlé: feu vert européen au projet de coentreprise pour les

The EC states that it has“approved, under the EU Merger Regulation, the joint acquisition of Nestlé Waters of Luxembourg by Platinum Equity, LLC (together with its affiliates), USA, and Nestlé”, according to a statement issued by Brussels on Tuesday.“The transaction mainly concerns the supply of bottled water”, as well as other beverages.

According to the Commission, the deal, which is set to create the Peranel joint venture,“would not raise competition concerns, given that the companies are not active in the same market or in related vertical markets”.

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