Mayer Brown advised Nestlé SA on the deal, while Paul, Weiss advised Metropoulos & Co.
Nestlé SA finalized the sale of its North American bottled water business to private equity firm One Rock Capital Partners LLC, in partnership with Metropoulos & Co. The brands to be sold, which include Pure Life, Poland Spring, Deer Park, Ozarka, Ice Mountain, Zephyrhills and Arrowhead, are valued at more than $4 billion.
The Mayer Brown team advising Nestlé was led by Corporate & Securities partner John Boelter (New York; Picture), IP partner Rich Assmus (Chicago), Tax Transactions & Consulting partner Remmelt Reigersman (Northern California), Employment & Benefits partner Ryan Liebl (Chicago), Banking & Finance partner Mae Rogers (New York), and Litigation & Dispute Resolution partner Adam Hudes and counsel Meytal McCoy (both Washington DC).
The Paul, Weiss team included corporate partner Ted Ackerman and counsel Rosita Lee; executive compensation partner Andrew Gaines; and tax partner David Mayo.
Involved fees earner: Richard Assmus – Mayer Brown; John Boelter – Mayer Brown; Adam Hudes – Mayer Brown; Ryan Liebl – Mayer Brown; Meytal McCoy – Mayer Brown; Remmelt Reigersman – Mayer Brown; Mae Rogers – Mayer Brown; Edward Ackerman – Paul Weiss Rifkind Wharton & Garrison; Andrew Gaines – Paul Weiss Rifkind Wharton & Garrison; Rosita Lee – Paul Weiss Rifkind Wharton & Garrison; David Mayo – Paul Weiss Rifkind Wharton & Garrison;