Nestlé unveils €4.9bn drinks giant Peranel in portfolio shake-up

23 Jul 2026

Nestlé has unveiled Peranel, a €4.9bn standalone water and premium beverages company, as part of its strategy to streamline its portfolio and focus on higher-growth categories. Created in partnership with Platinum Equity, the new business will house more than 30 brands, including Perrier, S.Pellegrino and Nestlé Pure Life, with operations spanning 120 countries.

Read full article at Beverage Daily