# CCP approves joint venture between Nestlé and Platinum Equity for water business

The Competition Commission of Pakistan approved a proposed joint venture between Nestlé S.A. and Forward I S.à r.l., an entity controlled by Platinum Equity, covering Nestlé's waters and beverages business across multiple jurisdictions, including bottled water operations in Pakistan.

- Type: Acquisition
- Announced: 2026-11-08
- Where: Pakistan, Pakistan
- Status: announced
- Products: bottled water

## Companies

- [Nestlé](https://endata.com/companies/3484.md)
- [Platinum Equity](https://endata.com/companies/1087.md) (investor)
- [Forward I S.à r.l.](https://endata.com/companies/95432.md) (partner)

## Sources

- [nation.com.pk](https://www.nation.com.pk/08-Nov-2026/ccp-approves-proposed-jv-nestle-s-a-platinum-equity-entity), 2026-11-07: "The transaction would not alter existing market shares."

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