FRANCE: Nestle Waters receives “expressions of interest” in regional brands

By | 1 May 2013

Nestle Waters is mulling the sale of three regional water brands in France

Nestle Waters is mulling the sale of three regional water brands in France

Nestlé Waters has received “expressions of interest” in the three French regional mineral water brands that make up its Société Française des Eaux Régionales (SFER) unit.

The company is considering a possible sale as part of a strategy re-focus in France on its national and international brands.

"Each of the three bottling plants operated by Carola, Plancoët and Saint-Lambert is the subject of a separate inquiry and audits have been requested," a company spokesman told just-drinks earlier today (1 May).

"Nestlé Waters has not made any decision whatsoever on how it intends to proceed in the event of the potential candidates confirming their interest in the coming months."

Negotiations with the UK's Nova Capital Management, which had begun last year, were on stand-by, he revealed.

Expert analysis

Bottled Water in France

Bottled Water in France industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the France bottled water market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Sectors: Mergers & acquisitions, Water

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