Nestle, the world's largest food company, on Tuesday said it had agreed to take over Swiss water bottler Henniez, first by buying a 62% stake and then by launching a public tender.

Nestle said it had agreed to buy the 62% stake at 3,000 Swiss francs per share from the Rouge family. The transaction is valued at a total of 155 million Swiss francs ($128.3 million), Nestle said in a statement.