15 August 2012
Eden Springs acquires French coffee company, Drinkso
Eden Springs, Europe's leading workplace drinks provider, has taken another important step in the roll-out of its hot beverage portfolio as it acquires the office coffee service (OCS) business ofDrinkSo. This is Eden's fourth European coffee company acquisition in less than twelve months.
Delivering bespoke coffee solutions for 22 years, DrinkSo is based in Bordeaux and serves over 800 customers across the public sector, banking, professional services, SMEs and catering companies in the South West region of France. Its premium Espresso range is delivered in partnership with coffee giant, Lavazza.
The integration of the acquired activitywill increase Eden's revenue in France by more than €700,000 per annum.
CEO of Eden Springs, Raanan Zilberman, comments:" This is our first coffee company acquisition in France and we are in no doubt that DrinkSo'sOCS experience will be key to our successful expansion in the country. As we roll out our total drink solution portfolio, we are targeting new markets and we've worked hard to understand the demand for different solutions across the varying European marketplace - something reflected in the growing diversity of our acquisitions.
As part of the company's longer-term strategy to dominate the workplace beverage market through a total water and coffee service, Eden has undertaken a series of other acquisitions in recent months. These include Spain's water cooler provider, Todagua, Swiss water cooler company Eldevia, Dutch-based coffee company TheCafe, as well the UK's Shakespeare Coffee Company and Garraways. It is also delivering its own premium coffee brand, Edenissimo.
For more information, images and if you would like to speak to a member of the Eden Springs team, please contact Catherine Scotcher or St John White at Prova PR on +44 (0) 1926 776900 or email email@example.com or firstname.lastname@example.org.
Notes to Editors
About Eden Springs Group
Eden Springs is Europe's leading provider of drinking water solutions for the workplace, offering a broad range of bottle-fed water coolers, plumbed-in water coolers and PET bottles. The company established its European presence in 1997 and, in less than eight years, became the leading brand for water coolers, with the widest geographical coverage in Europe’s water cooler industry. With a network of branches and water sources across 15 countries, Eden Springs bottles and distributes more than 368 million litres of water annually and services more than 600,000 clients. Headquartered in Switzerland, Eden Springs has 2,300 employees.
|Facts and Figures about Eden Springs Group
|Turnover: 250 million euros
||More than 900 service vehicles
|27 million 5G bottles sold annually
|Presence in 15 countries
|26 sources of mineral water