The shares are listed on the New York Stock Exchange

Davis Polk advised the representatives of the several underwriters in connection with the $1.5 billion debut SEC-registered secondary offering of 51,750,000 shares of Class A common stock of Primo Brands Corporation by an affiliate of One Rock Capital Partners, LLC, which included the full exercise of the underwriters’ option to purchase additional shares. Primo Brands repurchased 4,000,000 shares from the underwriters in the offering. The Class A common stock is listed on the New York Stock Exchange under the symbol “PRMB.”

Primo Brands is a leading branded beverage company focused on delivering healthy hydration solutions to millions of customers and consumers. It has an extensive portfolio of highly recognizable, responsibly sourced and conveniently packaged branded beverages distributed across more than 200,000 retail outlets, including brands such as Poland Spring and Pure Life, premium brands like Saratoga and Mountain Valley, regional leaders such as Arrowhead, Deer Park, Ice Mountain, Ozarka, and Zephyrhills, purified brands including Primo Water and Sparkletts, and flavored and enhanced brands like AC+ION and Splash Refresher. Primo Brands became a publicly traded company in November 2024 as a result of the merger of Primo Water Corporation and an affiliate of BlueTriton Brands, Inc.

The Davis Polk capital markets team included partners Michael Kaplan and Derek Dostal, counsel Joseph S. Payne and associate Marcos Sauquet Trias. Partner Mario J. Verdolini and associate Tyler Scheiner provided tax advice. The environmental team included counsel Michael Comstock. The intellectual property team included partner Pritesh P. Shah. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.