Company: PRMB
Filing Date: 2025-02-07
Form Type: CORRESP
Source: 0001193125-25-022813
Chunk: 0

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: CORRESP
Chunk 0
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 publicly filed Amendment No. 1 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. Registration Statement on Form S-1filed January 24, 2025 Industry and Market Data, page iii

| 1. | We note your response to prior comment 1. However, disclosure in this section continues to state that,                                                                                                                                        
 “there can be no assurance as to the accuracy or completeness thereof.” As this statement may imply an inappropriate disclaimer of responsibility with respect to the referenced information, please either revise to remove such implication 
 or specifically state that you are liable for all information in the registration statement.                                                                                                                                                  |

February 7, 2025 Page 2 Response:The Company respectfully notes the Staff’s comment and has revised the disclosure on page iii to remove the statement. Risk Factors, page 6

| 2. | We note your disclosure on page 112 that you are materially dependent on certain spring sources. Please 
 provide appropriate risk factor disclosure about this dependence.                                       |

Response:The Company respectfully notes the Staff’s comment and has revised the disclosure on pages 11, 15, 113 and 114. After further consideration, the Company does not consider access to any individual spring source to be material to the Company’s operations. The Company has more than 90 spring water sources located across the U.S. and Canada that could be drawn upon should the Company lose access to any individual spring source. As drawing upon a backup source would result in additional incremental costs, such as incremental costs related to shipping the water to the appropriate operating facilities, the Company has revised the disclosure on page 11 to describe this risk. However, the Company does not believe such incremental costs would be material.

| 3. | We note your response to prior comment 7. Please revise the risk factor caption on page 35 that states,                                                                                                                                         
 “[W]e may not be able to generate sufficient cash flows from operations,” for consistency with disclosure on page 76 that, “[W]e do not expect to generate sufficient cash from operations to repay at maturity the entirety of the             
 then-outstanding balances of our indebtedness.” In addition, please reconcile the apparent inconsistency between disclosure on page 32 that you do not expect to generate sufficient cash flows or have borrow