It is thought that Eden Springs, although running at a profit in Germany, is selling its operation there in order to concentrate on France and other areas in which its market share is greater.
According to Israeli business site Globes, Eden Springs president Raanan Zilberman said: “We are loyal to our business strategy to operate mainly in markets where we are the market leader, so we decided to sell our German operations.”
Source: Globes
© FoodBev Media Ltd 2024