Creating a freestanding arm for brands like Perrier and Acqua Panna could be a prelude to a sale or spinoff of the water business, which has seen slowing organic growth in recent quarters.

Nestlé owns the water brands Perrier, San Pellegrino, Acqua Panna and Pure Life. A company spokesperson confirmed to Just Drinks the “premium beverages” aspect of the spin-off relates to ...

This, the company said, will be used to fund investments. Nestle owns popular premium water brands Perrier and Acqua Panna, and other global leaders such as Nespresso coffee and KitKat bars.

Creating a freestanding arm for brands like Perrier and Acqua Panna could be a prelude to a sale or spinoff of the water business, which has seen slowing organic growth in recent quarters. Freixe also ...