The Global Green Company, a part of $2.1 billion Thapar Group and an exporter of gherkins and preserved food products, has acquired the Belgium-based euro 50 million Intergarden Group for an undisclosed amount. The acquisition will give Global Green an opportunity to increase its product and packaging portfolio for its customers across the world.The company is already a significant player in the USA, Canada, Russia and the Asia Pacific regions. Post acquisition, with a total turnover of $100 million, Global Green has become the third largest pickle supplier in the world - the largest outside the USA, according to an official release issued today."In Intergarden, we have acquired a business and a set of competencies that perfectly complement our own. For our customers, it means an enhanced portfolio of products from one entity manufactured to a consistently high standards of quality and excellence. It also extends our global footprint, givind us better access to our customers, and reinforces our commitment to "seed to shelf" service to the global retail chains," Vineet Chhabra, MD of Global Green, said.Established in 1996, Bangalore-based Global Green today has emerged as a major supplier of gherkins (a variety of cucumber), jalapenos and other preserved foods to retail and foodservice customers in more than 23 countries around the world and 30 cities in India. It is a private label supplier to some of the world's premium food retailers in addition to exporting products under its own brand name 'Eden Garden'. In India, the company retails under the brand name 'Tify'. It has manufacturing facilities in Bangalore and Hyderabad and works with 10,000 farmers in Karnataka.Set up in Aalst, Belgium in 1989, Intergarden has modern processing factories in Belgium, Hungary, Turkey and India. The company produces pickled products such as gherkins, silverskin onions, sour cherries, red peppers, capers and mixed vegetables for the private lable category.
