Nestlé

Business • Markets
Nestlé sells North American spring water brands for $4.3 billion
Nestlé sells North American spring water brands for $4.3 billion
Credit: unsplash.com / Brian Yurasits

Nestlé is selling its North American water business for 4.3 billion dollars to the US financial investor One Rock Capital Partner, as the Swiss group announced on Wednesday night. Brands such as Poland Spring, Deer Park, Ozarka, Ice Mountain, Arrowhead, and Pure Life are being sold, as well as the US beverage delivery service ReadyFresh.

Climate & Environment
Coca-Cola, Pepsi and Nestlé have been named top plastic polluters for 3rd year in a row
Coca-Cola, Pepsi and Nestlé have been named top plastic polluters for 3rd year in a row
Credit: unsplash.com / Dustan Woodhouse

The organization Break Free From Plastic has released its annual audit, stating that Coca-Cola is the number one plastic polluter in the world followed by Nestlé and Pepsi. 15,000 volunteers had previously identified littered plastic around the world. In total 346,394 pieces of plastic had been found of which 63% had a clear consumer brand on it.

In total 13,834 pieces had the Coca-Cola brand on them, 8,633 Nestlé and 5,155 Pepsi.

Climate & Environment
French fishing federation alleges Nestlé to be responsible for thousands of dead fish in French river
French fishing federation alleges Nestlé to be responsible for thousands of dead fish in French river
Credit: Fédération de pêche des Ardennes via Facebook

Thousands of dead fish have been found in the river Aisne in France. The Ardennes fishing federation posted on Facebook that on the third day of collecting dead fish they have removed one tonne in fish weight from the river. In total three tonnes of dead fish have reportedly removed.

Michel Adam the president of the Ardennes fishing federation has stated that they "have lodged a complaint against Nestlé France for pollution and violation of article 432.2 of the environmental code". The local prefecture has stated that the fish have died due to a decrease in the water's oxygen levels.

The Challerange Nestlé has confirmed that they've been responsible for an "occasional and involuntary overflow of biological sludge effluent, without the presence of chemicals". They also stated that the production of powdered milk in the factory has been stopped as soon as reports have gotten in.