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joint venture
Nestlé and Platinum Equity announce launch of $5.6bn joint venture, Peranel
Nestlé and Platinum Equity announce launch of $5.6bn joint venture, Peranel

Nestlé and Platinum Equity have announced the launch of Peranel, a 50/50 joint venture for Nestlé’s waters and premium beverages business.

Beverage
Starbucks forms $4bn joint venture with Boyu Capital to operate China retail business
Starbucks forms $4bn joint venture with Boyu Capital to operate China retail business

Starbucks Coffee Company has entered an agreement with alternative investment firm Boyu Capital to form a joint venture that will operate the company’s retail business in China.

Mergers & Acquisitions
Suntory Group launches new water-focused venture Water Scape
Suntory Group launches new water-focused venture Water Scape

Global beverage company Suntory Group, founded in Japan in 1899, has announced the launch of Water Scape – a new company supporting businesses and communities in securing sustainable water supplies.

Beverage
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