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IVS Group grows in France

The Italian leader in vending machines acquired the Alfragest of Lyon

IVS Group, the Italian leader and the second player in Europe in the business of automatic and semi-automatic vending machines for the supply of hot and cold drinks and snacks, has signed a preliminary agreement to acquire Alfragest, a French vending company, active in the region of Lyon, with 2021 sales in the range of 2 million Euro. The acquisition, whose closing is expected by the year end, is in line with the strategy of completion of the international presence, after the important business combination in Italy with Liomatic and GeSA groups.

The economic terms of the transaction were not disclosed.

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EFA News - European Food Agency

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The brand has also been present in Italy since 1994 and today has over 400 discount stores with an "offensive" format, thanks to which it wants to attack the market, with innovation and determination, in order to obtain positive results for itself and for customers ". So it is reported on their site. Let's hope that the "offensive" does not include bizarre initiatives such as the one carried out in Germany in Italy. more