Nestlé to sell Nestlé Waters North America Brands in $4.3B deal

  • Nestlé (OTCPK:NSRGY) agrees to sell its regional spring water brands, purified water business and beverage delivery service in the U.S. and Canada to One Rock Capital Partners in partnership with Metropoulos & Co. for $4.3B.
  • The company says its international premium brands including Perrier, S.Pellegrino and Acqua Panna are not part of the deal.
  • But the sale does include brands such as Poland Spring and Ice Mountain, whose 2019 sales in the U.S. and Canada totaled ~3.4B Swiss franc ($3.81B).
  • The deal follows Nestlé's announcement last year that it would conduct a strategic review of parts of the North American waters division.

    Fundamentals Nestlé

    Over the current book year the total revenue from the company in Vevey will be 84.41 billion CHF (consensus estimates). This is slightly more than 2020's revenue of 84.34 billion CHF.

    Historical revenues and results Nestle plus estimates 2020

    fundamenteel onderzoek

    The analysts expect for 2021 a net profit of 12.27 billion CHF. For this year the consensus of the result per share is a profit of 4.39 CHF. So the price/earnings-ratio equals 22.37.

    Per share the analysts expect a dividend of 2.84 CHF per share. Thus the dividend yield equals 2.89 percent. The average dividend yield of the food producers is a poor 0.94 percent.

    Based on the current number of shares Nestle 's market capitalization equals 282.88 billion CHF. The Nestle stock was the past 12 months quite unstable. Since last February the stock is 5 percent lower. This year the stock price moved between 83 and 113 CHF.

    Historical stock prices Nestle

    equity research nestle

    Click here for dividend Nestle. At 15.27 the stock trades 1.37 percent lower at 98.22 CHF.

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