Corporate News 07-Nov-12
NHC Foods tie-up with Gershon Spices
NHC Foods has signed and entered into a business tie-up with Gershon Spices, a dominant spices player in Israel. As per tie-up, Gershon will buy part of NHC's spice's product line during the year. Today, Gershon is major importer of spices in Israel from India and its business is more than US$ 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 the Israel market. The company is looking forward to working with Gershon Spices in coming years to unlock the business in the country.
The company made this announcement during the trading hours today, 07 November 2012.
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