https://brandtree.org/company/platinum-equityAcquisitions, divestitures and ownership changes involving Platinum Equity.https://brandtree.org/deal/nestle-platinum-equity-form-peranel-2026https://brandtree.org/deal/nestle-platinum-equity-form-peranel-2026Thu, 23 Jul 2026 00:00:00 GMTNestlé agreed to put its waters and premium beverages business, more than thirty brands including S.Pellegrino, Perrier, Acqua Panna and Nestlé Pure Life, into Peranel, a new company owned 50:50 with the private equity firm Platinum Equity, at an enterprise value of €4.9 billion. Nestlé would receive about €3.0 billion in cash. The result would mirror Froneri, the ice cream venture Nestlé formed with PAI Partners: famous Nestlé brands in a company Nestlé does not control.