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In 2017, SPADEL acquires DEVIN

The Group Spadel has acquired DEVIN AD, market leader of bottled water in Bulgaria.

Devin is the market leader on the Bulgarian market of bottled water, employing 478 people

Marc du Bois, CEO of Spadel: "The acquisition of Devin will enable Spadel to further extend its position in Europe, representing an incremental geographical pillar with existing operations in Belgium, the Netherlands, France and the United Kingdom. The transaction perfectly fits within our strategy to market natural water brands with a strong regional position and confirms the Group's objective to ensure a profitable and sustainable growth."

http://devin-bg.com/en/company/

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