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Employer Quick Look

Nestle Waters

(Public)  
Food
HQ: Greenwich, CT   |   5,000 - 10,000 employees  |  
Overview

Convinced that the search for good nutrition goes hand-in-hand with the benefits of mineral water, Nestlé acquired a 30% stake in Société Générale des Eaux Minérales de Vittel (SGEMV) in 1969. At the time, SGEMV was France's third largest mineral water company. In the 1970s, Nestlé strengthened its ties to water by acquiring several German springs via Rietenauer and Blaue Quellen AG.

Then it acquired a controlling interest in SGEMV in January 1992, and went on in May of the same year to buy out the entire Perrier Group.

Almost as soon as the Group was created, it started stepping up its development. It gradually became established in the rest of Europe and Asia, then in Latin America. Its American subsidiary already had a front seat in the United States.
The Group developed "Home & Office" there, a market segment still relatively unknown in Europe, which consists of delivering water coolers to homes and offices. The Group constantly innovates to support geographic expansion. In 1992, Nestlé was the first company to dare to launch a mineral water, Valvert, in five different countries at once. Its originality lied in the use of an all-new plastic, P.E.T. (polyethylene teraphthalate), which is stronger and more elastic than the PVC used since 1968. Besides, P.E.T. is recyclable.

The Group launched other innovative products as well: sparkling Quézac water and the sports cap first used in the United States, then in Europe. By the end of 1997, the Group was present on every continent and the acquisition of Sanpellegrino propelled it to the top of the Italian market.

The combined operations are forming to lay the foundation for Nestlé's long-term commitment in the bottled water field.

Mission

Nestlé Waters, world bottled water leader, is the Nestlé Group’s Water Division, accounting for approximately 10% of total sales. Established in 130 countries, with a full range of product formats for all distribution channels, Nestlé Waters offers bottled waters and refreshing water-based beverages to meet consumer needs anywhere, anytime.

In a bottled water market where disparities between countries are significant, Nestlé Waters bases its growth on managing a unique portfolio of brands and on a policy of targeted acquisitions around the world.

Since its creation in 1992, Nestlé Waters has continued to strengthen its position, regularly showing faster growth than the bottled water market.

In parallel with growth, Nestlé Waters is committed to scrupulous protection of its springs, drawing only the bare minimum required for its operations. The company also has a policy of continuous optimisation of production processes so as to avoid waste.

As a result, despite Nestlé Waters’ market leadership, it uses only a tiny share (0.0009%) of the water consumed on the planet.

With this approach, Nestlé Waters ensures the sustainable development of its business model and guarantees its consumers a superior product that stands for quality and purity.