Nestea & Poland Spring Cans to Come via New Strategic Alliance
STAMFORD, Conn. — Nestlé Waters North America Inc. signed a distribution agreement with Polar Beverages Inc. to manufacture, distribute and sell cans under the Nestea and Poland Spring brand names. The new strategic alliance is named "Polar Strategic Ventures" and will go into effect July 15, covering the eastern United States.
"This agreement allows us to combine our strong premium brands with one of the premiere can manufacturers and distributors in the United States," stated Nestlé Waters North America President, CEO and Chairman Tim Brown. "It will advance our goal of having our products available for immediate consumption in all formats, at anytime and anywhere."
Nestlé Waters and Polar Beverages have a 20-year history of working together. Polar currently co-packs some Nestlé Waters sparkling and tea products and distributes multiple Nestlé Waters products in New England.
The new strategic alliance will be jointly led by Nestlé Waters veteran Jeff Weston as chief operating officer, reporting to Brown and Polar Beverages President and CEO Ralph Crowley Jr.
"We look forward to strengthening our long partnership with Nestlé Waters and adding Nestea and Poland Spring cans to our strong brand portfolio," Crowley said.