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Nestle To Sell Stamford-Based Company That Produces Poland Spring

Courtesy of Pixabay

Stamford, Connecticut-based Nestle Waters North America will be sold to two investment firms in a $4.3 billion deal.

Parent company Nestle agreed to sell the business to One Rock Capital Partners and Metropoulos & Co.

Nestle Waters produce bottled-water brands such as Poland Spring. The deal is not expected to affect the company’s local operation.

The deal is expected to be completed in the spring.