Nestlé Waters Acquires Majority Stake In Welsh Bottled Water Company

The founders of Wales-based bottled water company Princes Gate Spring Water Ltd. believe they have found “the best partner in Nestlé Waters” to grow their 27-year-old business. Nestlé Waters has acquired a majority stake in the company, hoping to further exploit growing demand for bottled water in the U.K. Founded by two brothers on land farmed by generations of their family, the company sells Princes Gate spring water in the retail and out of home (OOH) channels and under other brand names.  It is one of the few U.K. bottling facilities that are 100 percent self-sufficient, thanks to renewable energy from an onsite wind turbine.