CCP approves Nestlé–Platinum Equity joint venture for waters and beverages business in Pakistan

The Competition Commission of Pakistan approved a proposed joint venture between Nestlé S.A. and Forward I S.à r.l. (controlled by Platinum Equity) covering Nestlé's waters and beverages business, including bottled water operations in Pakistan. Nestlé Pakistan's water business will be transferred to a newly incorporated subsidiary.

“The Competition Commission of Pakistan (CCP) has approved a proposed joint venture between Nestlé S.A. and Forward I S.à r.l., an entity controlled by Platinum Equity, following a Phase-I assessment under the Competition Act, 2010.”theboardroompk.com

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• theboardroompk.comCCP Approves Nestlé–Platinum Equity Joint Venture for Waters and Beverages Business - The BoardroomBussinessNov 7, 2026

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