Last updated on July 8th, 2015 at 03:55 pm
Nestlé Waters North America has signed a distribution agreement with Polar Beverages to manufacture, distribute and sell cans under the Nestea and Poland Spring brand names. The alliance, named “Polar Strategic Ventures,” becomes effective July 15 and will cover the east region of the U.S.
“This agreement allows us to combine our strong premium brands with one of the premiere can manufacturers and distributors in the United States,” said Tim Brown, president, CEO and chairman of Nestlé Waters North America. “It will advance our goal of having our products available for immediate consumption in all formats, at anytime and anywhere.”
Polar Beverages and Nestlé Waters have a 20-year history of working together. Polar currently co-packs some Nestlé Waters sparkling and tea products and is distributing several Nestlé Waters products in New England.
The new strategic alliance will be jointly led by Nestlé Waters veteran Jeff Weston as CEO, reporting to Tim Brown, CEO of Nestlé Waters North America, and Ralph Crowley Jr., president and CEO of Polar Beverages.
“We look forward to strengthening our long partnership with Nestlé Waters and adding Nestea and Poland Spring cans to our strong brand portfolio,” said Crowley.