# 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.

- Type: Partnership
- Announced: 2026-11-07
- Where: Pakistan, Pakistan
- Status: announced
- Products: bottled water

## Companies

- [Platinum Equity](https://endata.com/companies/1087.md) (partner)
- [Nestlé](https://endata.com/companies/3484.md) (partner)
- [Nestlé Pakistan](https://endata.com/companies/95204.md) (partner)

## Sources

- [theboardroompk.com](https://theboardroompk.com/ccp-approves-nestle-platinum-equity-joint-venture-for-waters-and-beverages-business/), 2026-11-07: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.