Nestle Pakistan Limited: Nestlé and Platinum Equity Form Joint Venture Peranel
Nestle Pakistan LimitedNESTLE · Food & personal care productsMaterial informationFiled Pakistan timeSummary
Nestlé and Platinum Equity announce a 50/50 joint venture, Peranel, to focus on waters and premium beverages, expected to close in H1 2027.
Kind of disclosure: Partnership/JV
Read the original filingKey facts
- Nestlé and Platinum Equity form Peranel
- 50/50 joint venture
- Peranel to be headquartered in Paris
- Global operational base
- Joint venture expected to close in H1 2027
- 2027-06-30
- Pending employee consultations and regulatory approvals
- Necessary for transaction completion
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Source: Nestle Pakistan Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.