Deals
Nestle Sells Juicy Juice to Brynwood Amid Purge of Laggard Units
This article is for subscribers only.
Nestle SA, the world’s biggest food company, sold the Juicy Juice fruit drink brand to Brynwood Partners LP as the Nescafe maker trims underperforming assets.
Terms of the deal weren’t disclosed. The sale marks the Vevey, Switzerland-based company’s sixth deal with Greenwich, Connecticut-based Brynwood, a private-equity firm led by Henk Hartong III, according to a statement today from Brynwood.