Neviot Explained

Neviot
Native Name:נביעות
Native Name Lang:he
Industry:Spring water
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Neviot (Hebrew: נביעות) is an Israeli mineral water marketing company.

History

Neviot was established in 1989 after geologists discovered that the water of Ein Zahav spring near Kiryat Shmona was suitable for drinking. In 2002, Neviot changed its logo and bottle design.

In 2004, the Podhorzer family, which owned Neviot, sold almost half its shares to the Central Bottling Company (Coca-Cola Israel), which already owned 34.06% of Neviot, bringing its total stake to 78.58%.[1]

See also

Notes and References

  1. https://en.globes.co.il/en/article-809347 Coca Cola Israel buys control of Neviot for $11.6m