04.01.2017

Nestlé - Ogeau agreement over Quezac source

400Ogeu, group of mineral waters, has reached an agreement to purchase the source of Quézac, in France, from Nestlé. The two groups have announced today the agreement, which puts an end to negotiations lasted two years.

The amount of the sale was not disclosed. There are no cuts in jobs, as stated in the joint statement. With this operation, Ogeu hopes to strengthen the segment of mineral waters in France.

The sale of Quézac, with an annual turnover of 20 million euros, reflects according to Nestlé Waters France its "strategic will to concentrate its resources on its national and international flagship brands".

In addition to maintaining staff, the OGEU takeover project provides an industrial investment of more than €3 million, as well as an enhanced marketing and sales support plan for the Quézac brand.






Events


Semptember 2015
  • 16
    Jan

    Jointly with renowned experts, SSF will debate key success factors for fruitful partnerships attract

  • 17
    Jan

    Learn about the latest Cryto Currency and Blockchain investment opportunities, the features that set

  • 18
    Jan

    At the upcoming conference you will get the opportunity to discuss Social Impact Bonds (SIB) and rel

  • 22
    Jan

    The climate transition creates opportunities and risks, and financial institutions and corporations

  • 30
    Jan

    Over 150 Fintechs CEOs from all over the world will be in both panels & interviews and on this stage

See All

newsletter

Updates and news from MarketPlus

Market Overview
0,00 %
0,00 %
0,00 %
0,00 %
0,00 %
0,00 %
0,00 %
0,00 %
Powered by Yahoo Finance