I recall the story of a well-known racehorse trainer, out on his gallops one spring morning watching his string of horses when a rainbow appeared. One of the stable lads, riding a particularly well thought of horse, shouted across to the trainer telling him that if he looked behind the rainbow he would find a pot of gold. “You idiot” the trainer retorted back. “You don’t need to look behind a rainbow for a pot of gold. You’re sitting on one.” I think that Nestle Waters has looked at its stable of brands and realised it too may already be sitting on its own pot of gold.

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