Joint venture establishes a global platform for over 30 brands across water, hydration and premium beveragesStandalone business expected to benefit from Platinum Equity’s carve-out experience and operational expertiseLONDON (July 23, 2026) – Platinum Equity and Nestlé announced today a plan to create Peranel, a 50/50 joint venture for Nestlé’s waters and premium beverages business, designed to establish a dedicated player with an enhanced focus to drive organic and inorganic growth in a dynamic...
Continue Reading
Sign up for FREE to read the full article and access 136K+ alternative investment headlines.