Eden Springs (UK) Acquires Kafevend
January 15, 2014
Eden Springs has acquired UK coffee vending supplier, Kafevend. This is one of a number of recent acquisitions for Eden, which reflects the company’s ambition to become the leading provider of coffee and water solutions in the UK and throughout Europe.
WE are advised that Eden Spring’s and Kafevend’s customers will benefit from the merger, which will result in an even wider selection of services and drinks solutions, as well as a greater level of technical innovation and service.
Based in South-East UK, Kafevend has an annual turnover of £20 million and employs approximately 100 people throughout England and Scotland. The company is one of the fastest-growing office coffee provider in the UK and specialises in the provision of sophisticated coffee solutions.
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Chief executive officer of Eden Springs International, Raanan Zilberman, comments: “Kafevend is an exciting acquisition for us as it has vast experience in offering workplace coffee solutions, which will help us expand and enhance our current product range. Both organisations share a total commitment to customer satisfaction.
“For the past 20 years our strategy has been to expand Eden’s operations through a combination of organic growth and acquisitions. The acquisition of Kafevend, which follows the purchase of Shakepeares and Garraways in the UK, will enable us to grow and consolidate our leading position within the business beverage market.”
The current Managing Director of Eden UK, Brian Macpherson will take over the management of the operational functions of the combined business with the title of Managing Director (Operations). John Collins, Kafevend Managing Director will manage all the commercial activity and will have the title of Managing Director (Commercial). They will both report into Jean-Marc Bolinger who has been appointed as Executive Chairman for the combined business.
