Ice River Springs to acquire Nestlé Pure from Nestlé Canada.

Ice River Springs, a Canadian family-owned, private label bottled water producer for retailers and manufacturer, agreed to acquire Nestlé Pure Life bottled water business, from Nestlé Canada, a food & beverage company. Financial terms were not disclosed. "In late 2019, we began the exploration of a potential sale of our Nestlé Pure Life business in Canada, as we had determined that we are best positioned to focus on our iconic international brands of San Pellegrino, Perrier and Acqua Panna." Jeff Hamilton, Nestlé Canada President and CEO.