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Europe Daily Bulletin No. 7772

4 August 2000
Contents Publication in full By article 29 / 33
ECONOMIC INTERPENETRATION / (eu) agri-food

The world leader in bottled water, NESTLE has consolidated its position by acquiring two natural water sources in South Africa, "Valvita" and "Schoonspruit". The cost of the transaction has not been disclosed but enables the Swiss group to come away with a 20% share of the local bottled water market. In addition, NESTLE has sold its frozen potato production and marketing activities in the United States, which represent an annual turnover of over $300 million. The buyer is JR SIMPLOT,...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT