Nestlé Waters North America, the applicant for a 1041 permit application in Chaffee County, is now operating under the new corporate name of BlueTriton Brands. This name change follows the acquisition of the Nestlé Waters North America by One Rock Capital Partners in partnership with Metropoulos & Co., in February, 2021.
Nestlé Waters North America has an active application for a ten-year extension of its 2009 permit for a spring water production process at the Ruby Spring, and associated transmission pipeline and loading facility in Johnson Village. The permit renewal is currently under consideration by Chaffee County.
“The County is assessing what implications this corporate name change may have on the existing extended 1041 permit as well as the renewal/extension application hearing already underway,” said Chaffee County Attorney Jennifer Davis.
The Board of County Commissioners (BoCC) will convene as the 1041 Permit Authority to discuss this topic and consider any impacts to the existing permit application at its 9:00 a.m. April 20 regular meeting. The discussion will take place as part of the 1041 hearing, which had been previously continued to this date. The meeting will be conducted virtually and may be accessed at https://zoom.us/j/109079543 or by calling 1-669-900-6833 and entering meeting ID # 109 079 543.
In announcing the name change, the company says that it represents “an exciting milestone as an independent company.” It adds that “BlueTriton” signifies the company’s continued commitment as an independent business to sustainability and high-quality products and services.
The name “triton” comes with a classical Greek mythological tradition related to water. Triton is a Greek god of the sea, the son of Poseidon and Amphitrite, god and goddess of the sea respectively. Triton lived with his parents, in a golden palace on the bottom of the sea. Combined with the color blue, representing water, the new name reflects the Company’s role as a guardian of sustainable resources and a provider of freshwater.
“I am very excited to join with my One Rock partners and lead this company as we begin a new chapter together as BlueTriton, building on the rich heritage of our historic, iconic, and beloved brands,” said Chairman and Interim Chief Executive Officer of BlueTriton Brands Dean Metropoulos. “We have all become increasingly aware of how critical our products and their rapidly evolving innovations are to human wellness and our communities. Our unique U.S. and Canadian platforms provide us opportunities to touch every consumer, in all facets of their lives, and we look forward to strengthening our bonds with consumers and communities by leading with innovation and relevance.”
The full press release issued by Nestlé Waters of North America regarding the name change to BlueTriton can be found at https://www.nestle-watersna.com/media/pressreleases/allpressreleases/nestle-waters-north-america-becomes-bluetriton-brands.
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