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NHC Foods ties up with Gershon Spice

07 Nov 2012 Evaluate

NHC Foods has entered into a business tie-up with Gershon Spice, a dominant spice player in Israel. As per the tie-up, Gershon will buy part of NHC’s spice production during the year. At present Gershon is the major importer of spices in Israel from India and its business is more than $50 million.

Over the next 24 months, NHC Foods hopes to become largest exporter from India to Gershon and this tie-up marks its first foray into Israel market.

NHC Foods (formerly known as Midpoint Software & Electro Systems), is a government recognized star export house. The company is active in the manufacture and export of spice products viz. Seed, Grounded and Blended.

Peers
Company Name CMP
Nestle India 1353.15
Varun Beverages 432.00
Britannia Industries 4930.00
LT Foods 424.20
Hatsun Agro Product 1136.45
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