Foreign

Nestlé Waters acquires majority share in Princes Gate Spring Water

Nestlé Waters has acquired a majority share in Princes Gate Spring Water, as consumers’ demand for bottled water continues to increase due to the sugar tax coming into full force combined with growing awareness of health and wellbeing.

Princes Gate is the eighth largest manufacturer of bottled water in the UK, a market worth £3.7 billion that has grown by 8% each year for the past five years.

Nestlé Water is looking at new opportunities to deliver growth in one of their core categories and this deal will enable them to effectively meet consumer demands for high quality spring and mineral water.

Food&Drink

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