Eden Springs has acquired Kafijas Automati, a renowned office coffee solutions (OCS) and drinks vending business serving about 450 corporate customers in Latvia.
The business has an annual turnover of approximately €650,000 and has a market share of around 13% of the OCS and vending activity in the Baltic country.
Its acquisition by Eden, which provides total workplace drinks solutions across 15 European countries, will enable Kafijas to expand its range of services to its customer base.
This OCS acquisition is Eden’s first in Latvia and supports the international group’s ultimate goal to offer an appropriate total drinks solution – including coffee, tea and water – across all of its geographical markets.
The Kafijas Automati deal follows hot on the heels of other acquisitions including The Café in the Netherlands, Garraways in the UK, Edelvia in Switzerland and Drinkso in France.