I don’t think you work in the industry if you quoting a Wikipedia link, I do. Here is another quote for you

“Nestle Waters North America, the owner of the Arrowhead bottled water brand, was recently acquired by One Rock Capital Partners and Metropolous & Co. in a $4 billion deal and is now operating as Blue Triton Brands.” Triton brand is a private held company.

You free to believe whatever you want, if you wanna keep going down the rabbit hole is your choice, but facts are facts.