Greenyard Foods

Greenyard Foods (Euronext Brussels: GRYFO) is a global market leader in fresh and prepared fruit & vegetables, as well as growing media. The Group is the business combination of Pinguin, ranked #2 in frozen, Noliko, ranked #5 in canned fruit & vegetables in Europe, UNIVEG, ranked #2 in fresh fruit & vegetables worldwide and Peltracom, ranked #3 in growing media in Europe. Greenyard Foods has operations worldwide and serves a global customer base including most of the leading retailers in Europe. The Group counts close to 8,200 staff active in 26 countries worldwide, with a pro-forma combined turnover of 3.9 billion EUR in the fiscal year ending on 31 March 2015. Greenyard Foods’ history goes back 50 years with its frozen division, Pinguin, building a small factory in Westrozebeke. Its international expansion started in 1995 with the acquisition of operations in France and UK. In 1999 Pinguin was listed on the stock exchange. Noliko, the canning division of Greenyard Foods joins the group in 2011. It started 50 years ago when farmers from the Belgian province Limburg set up a local factory to process their harvest. In 2011 Greenyard Foods also extended its presence in Poland and Hungary. In 2015, both UNIVEG and Peltracom join Greenyard Foods. UNIVEG was founded in Belgium in 1987 by Hein Deprez. In 1983 he started producing mushrooms, followed by washing, cutting and packing of vegetables. This period saw the first contacts with the large supermarkets, setting a pattern that has been followed ever since. The period 1990-2014 saw the steady internationalisation and growth of the UNIVEG Group, with the acquisition of various agricultural operations and the takeover of companies in the chain of processing, logistics and distribution. Peltracom has been involved in the horticultural sector for 30 years.