Global Green was originally set-up in 1992 as a joint venture between India’s Thapar group and a European partner. In 1996, the Thapar Group – in a demonstration of its vision and commitment to the potential of Indian agriculture – acquired 100% stake in the entity, which was then renamed as The Global Green Company Limited.
Since its inception, Global Green has been the pioneer and leader of the pickled cucumber business out of India. While a growing customer base and superior manufacturing facilities have contributed to the company’s steady and consistent growth, strategic acquisitions have also played an important role in this process.
December 1999: Acquisition of VST – Natural Products Ltd, (the foods division of Hyderabad based British American Tobacco associate VST Industries Ltd). This established Global Green as the undisputed leader of the pickled cucumber business from India.
August 2006: Global Green completes the acquisition of Belgium based Intergarden N.V. and the complete Intergarden Group of Companies – including the operations in Hungary, India and Intergarden’s stake in Floragarden, a Turkish based joint venture for capers. The combined strengths of Intergarden and Global Green give rise to a truly global company, and a world leader in the condiments category.
September 2008: Global Green acquires the Hungarian company, Puszta Konzerv Kft, based in Balmazujvaros, near Debrecen in Eastern Hungary. Puszta Konzerv manufactures sweet corn, peas, gherkins, mixed pickles, lecsó and tomatoes. Puszta’s products are a neat strategic fit with Global Green’s current portfolio and their strong customer base, especially in central and eastern Europe as well as the Baltics and opens up new and significant opportunities.
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