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About Us > Group's History
 


  • Eurodrip S.A. is founded in 1979 and is the first European company to become involved with drip irrigation. Its innovative method of incorporating drippers into the pipe results to water conservation and greater crop yield.
  • In 1985, Eurodrip's industrial facilities transfer to a privately owned site at Inofyta, Viotia, and production of the revolutionary "GR" drip line begins, which is the product to establish the company's name in the market.
  • In 1996, Eurodrip enters the US market via its commercial subsidiary, Eurodrip USA Inc .
  • Also in 1996, Eurodrip is certified in accordance to ISO 9002 for its entire range of operations.
  • In 1997, Eurodrip EGYPT S.A.E. is founded in Egypt, with its own production facility to provide direct coverage to the Middle Eastern and African markets.
  • End of 1998, Eurodrip U.S.A. Inc becomes a fully operational manufacturing unit, producing the complete range of Eurodrip products in order to cater the North and South American markets.
  • In the year 2000, Eurodrip S.A. goes public in the Athens Stock Exchange and raises significant funds to expand its current facilities and renew its production equipment to the latest technological standards.
  • Also in 2000, Eurodrip acquires Eurodrip Damla Sulama Sanayi ve Ticaret A.S. in Turkey, aiming to expand in the rapidly developing local and neighboring markets.
  • In March 2001, after devoting a considerable amount of time in research and development, Eurodrip introduced its new evolutionary self-regulating dripline PC2.
  • In 2001, 10,22% of the shares in Eurodrip S.A. were transferred to the Swiss company ASI Global S.A., one of the largest investment firms in the world, specialized in business activities in the agriculture sector worldwide. Result of this collaboration is the creation of the Terraproject division, dedicated to supporting all stages of agricultural production.
  • Also in 2001, Eurodrip S.A. acquires Hydrocontrols S.A., a commercial company located in Metamorphosi Attica, which offers state of the art water management equipment and services.
  • In 2002, Eurodrip S.A. acquires National Drip Irrigation Company located in Amman, Jordan, to cater to the growing Middle Eastern Markets.
  • Also in 2002, Eurodrip USA Inc. expands its operation to Mexico by establishing a fully owned subsidiary by the name of Drip Irrigation de Mexico, which caters exclusively to the Mexican market.
  • In February 2003, Eurodrip is certified with the latest and strictest ISO 9001:2000 standard.
  • In September 2005, Aquanova International Holdings BV, a Global Finance fund, acquires 49,3% of Eurodrip Group and takes over the management. Global Finance is an independent investment firm, founded in 1991. It pioneered private equity in South-Eastern Europe and has established an exceptional investment track record.
  • In February 2006 share capitals increase of 19,7 million Euros takes place .
  • Since 2006 an ambitious investment capex of over 6 million Euros is under implementation.
  • In April 2007 a fully owned subsidiary, SC Eurodrip Irrigation Systems SRL , is established in Romania.
  • In April 2009 a fully owned subsidiary, Eurodrip Perú S.A.C. , is established in Lima Peru.
  • In April 2009, Eurodrip is certified with the latest ISO 9001:2008 standard.

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