Brandtree

Spadel: brands it owns and its ownership tree

Spadel (BRU: SPA) is a publicly listed company headquartered in Belgium that owns 6 consumer brands.[1]

Spadel bottles natural mineral and spring waters and has stayed deliberately regional: instead of building one global brand it runs five springs and sells each under the name of the place it rises in. The business began in 1912 as the Compagnie Fermière des Eaux et des Bains de Spa, became Spa Monopole in 1921 and took the name Spadel in 1980, and has been directed by the du Bois family throughout. It reported consolidated sales of €399.5 million for 2025 and employed 1,416 people at the end of that year.

Company facts

Legal name
Spadel NV/SA
Type
publicly listed company · see all publicly listed company owners
Headquarters
🇧🇪 Belgium
Founded
1912
Tickers
BRU: SPA
Website
www.spadel.com
Last verified
· 4 sources

Spadel in numbers

Everything Spadel owns

2026

Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.

Everything Spadel owns Tree of 6 brands under Spadel. Spadel Bru Carola Devin SPA Wattwiller ZYLA

Full-screen interactive tree → · Download as infographic

Brand portfolio by category

Full portfolio, 6 brands, with sources →

Latest news about Spadel

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.

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Frequently asked questions

What brands does Spadel own?

Spadel owns 6 consumer brands tracked here, including SPA, Wattwiller, Carola, Devin, Bru and ZYLA.

Is Spadel a Belgian company?

Yes. Spadel is headquartered in Belgium and was founded in 1912.

Who owns Spadel?

Spadel is a publicly listed company owned by its shareholders; it trades as SPA on the BRU.

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. [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. [2] Spadel — our history — Spadel NV/SA, Official document; retrieved 21 September 2026.
  3. [3] Spadel — our sources — Spadel NV/SA, Official document; retrieved 21 September 2026.
  4. [4] Spadel — our mineral water and natural drinks brands — Spadel NV/SA, Official document; retrieved 21 September 2026.

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