Danone has bought into an Israeli bottled water supplier, according to press reports. The French dairy producer has acquired a 19.8% stake in Eden Springs, Israel’s leading supplier.
Les Echos reported that the transaction cost Danone €82m (US$101m). The newspaper said that the group bought the shares form Eden Springs’ main shareholders the Naftali brothers.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - The Benefits of Entering
Gain the recognition you deserve! The Just Drinks Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving beverage industry advancements. Don’t miss your chance to stand out—submit your entry today!
Nominate Now
