December 26, 2014 3:07 PM ET

Beverages

Company Overview of Nestlé Waters North America Inc.

Company Overview

Nestlé Waters North America Inc. produces and distributes bottled water in the United States and Canada. The company offers natural spring, mountain spring, purified, and sparkling natural mineral water; distilled, drinking, fluoridated, and sparkling water; and organic and ready-to-drink iced teas. It serves restaurants, homes, and offices; and provides water for various events that range from marathons and professional sporting events to local fairs, schools, and other community programs. The company offers its products through retail outlets. Nestlé Waters North America Inc. was formerly known as The Perrier Group of America, Inc. and changed its name to Nestlé Waters North America Inc. i...

900 Long Ridge Road

Building 2

Stamford, CT 06902-1138

United States

Founded in 1976

Phone:

203-863-0240

Fax:

203-863-0215

Key Executives for Nestlé Waters North America Inc.

Chairman
Age: 50
Chief Financial Officer
Member of Executive Board
President of Nestle Canada's Frozen Division
Member of Executive Board and Executive Vice President of Nestlé Direct
Compensation as of Fiscal Year 2014.

Nestlé Waters North America Inc. Key Developments

Nestlé Waters to Build 50-Job Bottled-Water Facility in Chesterfield County

Nestlé Waters North America will build a $40 million bottled-water plant near the Chesterfield County community of McBee. The plant, which will produce Deer Park and Nestlé Pure Life brands of water, will have as many as 50 employees. It's expected that the plant will open in early 2016.

Nirvana Spring Water Files Lawsuit Against Nestlé for Breach of NDA and Anti-Competitive Practices

Nirvana Inc. (Nirvana) filed a lawsuit in New York State Supreme Court against Nestlé Waters North America (Nestlé) for breach of a non-disclosure agreement (NDA) and unlawful anti-competitive practices aimed at driving a small, family-owned competitor out of business. After Nestlé expressed interest in a possible acquisition of Nirvana, the two companies signed an NDA in 2012. Nestlé examined Nirvana's financial information and its natural resources, conducting aerial reconnaissance of Nirvana's property. At the same time, the legal complaint states, Nestlé and its agents were engaging in a persistent campaign of anti-competitive practices meant to weaken Nirvana or drive it out of business entirely. According to court filings, Nestlé's illegal activities included lowering prices for commercial buyers who agreed to stop carrying Nirvana's water and showing letters to supermarkets indicating that Nirvana approached Nestlé about selling itself, undermining those customer relationships. The lawsuit alleges that Nestlé even went so far as to directly pay Stew Leonard's supermarket chain in 2011 to stop carrying Nirvana spring water altogether. Nirvana initially entered discussions with Nestlé in 2005 regarding the co-packing of Nestlé's Pure Life(R) brand. That same year, Nestlé made an oral offer to buy the company, which Nirvana declined. In 2011, Nirvana transitioned from a co-packing business model to a self-branded water company and began directly capturing market share from Nestlé's Poland Spring(R) and Deer Park(R) brands. Over the last two years, during the period of Nestlé's NDA-protected intelligence gathering, Nirvana's sales have fallen dramatically.

Maine Springs Files Lawsuit against Nestle Waters North America Accuses Poland Spring of False Labeling, Business Interference

Maine Springs has taken legal action against Nestle Waters North America, seeking to resolve a legal conflict that it says has been boiling over for years. Maine Springs filed a lawsuit against Nestle in U.S. District Court, alleging the Nestle Waters North America that owns the Poland Spring brand has interfered with its business and falsely labels its Poland Spring water. Maine Springs states in its lawsuit that its efforts to sell its water have been complicated by a threat of legal action from Poland Spring. To bottle its water, federal and state law requires it identify the physical source of its water. By listing its source in Poland Spring, Maine, Maine Springs said it received threats of a trademark violation lawsuit from Nestle. Maine Springs alleges in its lawsuit that Nestle also interfered with its attempts to supply water to other bottlers, including Niagara Bottling Co. and Crystal Rock. In 2011, Maine Springs said it received a letter from Nestle. In addition to allegations that Nestle interfered with its business, Maine Springs further alleges the Poland Spring brand mislabels the source of its water and misrepresents it as 100% natural spring water.

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