Company: PRMB
Filing Date: 2025-02-27
Form Type: CORRESP
Source: 0001193125-25-039345
Chunk: 0

Company: Primo Brands Corp
Filing Date: 2025-02-27
Form: CORRESP
Chunk 0
---
2025 (the “ Comment Letter”) with respect to the Registration Statement on Form S-1initially filed with the Commission by the Company on January 24, 2025. Concurrently with the submission of this letter, the Company has publicly filed Amendment No. 2 to the Registration Statement on Form S-1(the “ Registration Statement”). For your convenience, we have included the comment of the Staff from the Comment Letter in bold and italics below and provided our response below the comment. Unless otherwise indicated, capitalized terms used herein have the meanings assigned to them in the Registration Statement. Amendment No. 1 to Registration Statement on Form S-1filed February 7, 2025 Risk Factors In the future, we may be considered a “controlled company”….page 23

| 1. | Please revise the caption and text of this risk factor to reflect your expected controlled company status                                                                                                                                               
 following the proposed amendments, rather than discussing this hypothetically. Clarify that the requisite consent has been obtained, identify the expected timing for your capital structure change, and more fully discuss the consequences of removal 
 of the 49% voting limitation. Disclose potential conflicts of interest related to the controlling shareholder interest and management roles, including majority board representation, and material risks related to the ability to control matters      
 requiring shareholder approval.                                                                                                                                                                                                                         |

February 27, 2025 Page 2 Response:The Company respectfully notes the Staff’s comment and notes that, pursuant to General Instruction VII of Form S-1, the Registration Statement now incorporates by reference the risk factors included in the Company’s Annual Report on Form 10-K, filed with the Commission on February 27, 2025 (the “Annual Report”). The Company notes further that it has otherwise revised the disclosure on page 6 to address the Staff’s comment. General

| 2. | Please update the financial statements of Primo Brands Corporation, Triton Water Parent, and Primo Water 
 Corporation to be compliant with Rule 3-12 of Regulation S-X.                                            |

Response:The Company respectfully notes the Staff’s comment and has incorporated by reference the Annual Report containing updated financial statements for the Company to be compliant with Rule 3-12 of Regulation S-X.

| 3. | We note your response to our prior comment 11. Please further revise your disclosure to address the 
 following items:                                                                                    |

| • |     | Disclose the expected timing for the proposed amendments and resulting change in your capital 
 structure;                                                                                    |

|