Nestlé Waters has acquired a majority stake in Princes Gate Spring Water, the UK’s eighth biggest producer of bottled water, and one of Envireau Water’s key clients.
The deal follows strong growth in the bottled water category and increasing consumer demand for healthier options. The move is expected to provide new opportunities for both businesses.
Princes Gate was founded by brothers David and Glyn Jones on their family farm near Narberth, South Wales, 27 years ago. Today, the company operates from the same plant and supplies spring water in retail and out of home (OOH) channels as well as its under its own brand, Princes Gate. The company is one of the few UK bottling facilities to be 100% self-sufficient thanks to renewable energy produced by a wind turbine onsite.
Nestlé has said Princes Gate will operate as a separate entity and no jobs would be affected. One of the founders, David Jones, will keep a minority stake in the company and it will be run by its current management team, in its current location. In a statement the Jones brothers said they hoped the sale would ‘supercharge’ the business.
Envireau Water has been supporting Princes Gate in the management of their sources since 2014. Our role includes all the technical and regulatory aspects of source management, including performance monitoring, management of borehole construction and rehabilitation projects, Natural Mineral Water liaison and negotiation, and Natural Mineral Water accreditation.
As the UK’s leading consultancy specialising in the development, management and regulation of independent water supplies, we understand the importance of the quality, consistency and reliability of the raw water ‘source’. Our knowledge is built from over 20 years’ experience working with water bottlers and we are active members of the British Soft Drinks Association, including their Water Technical Group.
James Dodds, Envireau Water’s Chairperson and Princes Gate’s client lead said “It has been a pleasure working with David, Glyn, Endaf and the team. We were pleased to be on hand during the negotiations with Nestlé to ensure that questions were answered quickly and accurately, and I’m thrilled that the negotiations delivered what everyone was hoping for”.
If you would like more information on our services to the water bottling and soft drinks sectors, get in touch today on 01332 871 879 or firstname.lastname@example.org.