Who owns Devin?
Devin is owned by Spadel (Belgium, BRU: SPA), which has owned the brand since 2017.[1][2][3][4]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Key facts
- Current owner
- Spadel NV/SA reported
- Owned since
- Previous owner
- None recorded
- Owner HQ
- 🇧🇪 Belgium
- Origin
- 🇧🇬 Bulgaria, Devin
- Category
- Beverages › Soft drinks › Bottled water
- Parent ticker
- BRU: SPA
- Last verified
- · 4 sources
About Devin
Devin is the leading bottled water in Bulgaria, rising from as deep as 700 metres to more than 1,300 metres of altitude in the Rhodope Mountains, inside a protected zone with no industrial activity for fifty kilometres around. Spadel bought it in 2017 and it is now the group's largest operation by headcount, with 551 employees and six production lines. It is marketed at active and sporting drinkers.
Ownership timeline of Devin
Where Devin sits in Spadel
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Spadel ownership tree →
Other brands owned by Spadel in beverages
Latest news about Devin
No tagged news items yet. Deals, regulatory actions and recalls are added from SEC filings, regulators and trade press; only titles and links are stored.
Headlines link to the original publisher. Brandtree does not reproduce article text.
Frequently asked questions
Who is the parent company of Devin?
The parent company of Devin is Spadel, a publicly listed company headquartered in Belgium.
Is Devin Bulgarian or Belgian?
Devin originated in Bulgaria, but it is owned today by Spadel, which is headquartered in Belgium. So Devin is a Bulgarian-origin brand under Belgian ownership.
Since when has Spadel owned Devin?
Spadel has owned Devin since 2017.
Is Devin still owned by Spadel?
Yes. As of 21 September 2026, Devin is still owned by Spadel. The ownership record was last checked against primary sources on that date.
Sources (4) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] The Spadel group continues to grow, with 2025 another very solid year — Spadel NV/SA, Official press release, published 31 March 2026; retrieved 21 September 2026.
- [2] Spadel — our history — Spadel NV/SA, Official document; retrieved 21 September 2026.
- [3] Spadel — our sources — Spadel NV/SA, Official document; retrieved 21 September 2026.
- [4] Spadel — our mineral water and natural drinks brands — Spadel NV/SA, Official document; retrieved 21 September 2026.
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