trending Market Intelligence /marketintelligence/en/news-insights/trending/I7V65lpC604v1jQ1lPpDLg2 content esgSubNav
In This List

Fireman Capital partners with Dunn's River to acquire Nestlé tea brands

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity

Blog

2023 Big Picture: US Consumer Survey Results


Fireman Capital partners with Dunn's River to acquire Nestlé tea brands

Fireman Capital Partners LLC said Dec. 15 that it entered into a partnership with beverage platform Dunn's River Brands to buy the Sweet Leaf Tea and Tradewinds ready-to-drink tea brands from Nestlé Waters North America Inc., a unit of Swiss food group Nestlé SA.

Financial terms of the transaction were not disclosed.

The retail-focused private equity firm said that the purchase agreements for the transaction, which is expected to close by the end of 2017, were signed Dec. 15.

The acquisitions of the two tea brands will become a basis for future acquisitions of smaller high-growth brands by Dunn's River, Fireman Capital said.

Fireman Capital appointed McDermott Will & Emery LLP as legal advisor.