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New Deal


Announced

Completed

Nestle completed the acquisition of Watchung Spring Water.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Soft Drinks

Private

United States

Friendly

Completed

commercial coffee services

bottled water

Majority

Single Bidder

Acquisition

Synopsis

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Nestle Waters North America, a distributor of bottled water completed the acquisition of Watchung Spring Water, one of Nestle's largest distributors of bottled water in the US. Financial terms were not disclosed. As part of the transaction, NWNA will acquire the Watchung service and assume the lease for the building in which Watchung operated. "We have worked with Nestlé Waters for nearly 70 years and have always valued our relationship. We are excited to take the next step and be able to offer our customers new ownership who can provide excellent service and even greater beverages delivered directly to homes and businesses." Andrew Berliner, Watchung President and Owner.

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