Acquires 30 Per Cent Stake In Netherland Based Leev News Today : Breaking News, Live Updates & Top Stories | Vimarsana

January 20, 2021
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LT Foods says the acquisition has been done in line with the long term growth plans
LT Foods Ltd on Wednesday said that its subsidiary Nature Bio Foods BV, has acquired 30 per cent stake in a Netherland-based Leev.nu for an undisclosed amount. The company said the acquisition has been done with an option of acquiring a further stake of 21 per cent at the end of five years.
Leev.nu, which is an organic specialty food company, is known for a product portfolio consisting of breakfast bars, healthy snacks, baking range & gluten free and low sugar products . It is also expanding its product portfolio into organic whole grains categories such as oats and flax seeds. ....

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