19 November 2025
19 November 2025
Sparkling tea has emerged as an option in the upmarket on-trade – and, increasingly, retail – for consumers looking to cut back on alcohol.
The “decision confirms that the food safety of Perrier natural mineral waters has always been guaranteed”, a Nestlé spokesperson said.
The purchase would value the US RTDs brand at roughly $700m, people familiar with the matter told The Wall Street Journal.
Synergy Ventures Holdings will pay a token amount of €1 for the asset.
The cash will be used to build a new mixing plant and install two packing lines at the site.
Highclere Castle Spirits said Schun will lead the company through its “next phase of international expansion”.
The project is expected to deliver $20m in annualised operating income, which fell 28% to $84.3m in fiscal 2025.
From 20 November, Snickers and Snickers White Impact Whey Protein products will hit shelves of "major UK retailers" and THG's own online platform.
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