Announced Wed, 30 Sept, 2026 · 14:27 IST
LT Foods subsidiary to acquire 70.75% in Leev.nu B.V. for EUR 1.735M
LTFOODS · price
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Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹402.50
prior close
₹402.95
base price
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AI summary
Lt Foods unit Nature Bio Foods B.V. will lift its stake in Dutch firm Leev.nu B.V. from 30% to 70.75%, taking control. Leev.nu makes organic lentil-based snacks, has about EUR 6 million turnover and sells in Benelux retail. All-cash deal at EUR 1.735 million equity value, closing targeted for October 2026. No regulatory approvals required.
Likely market impact
Boosts LT Foods presence in healthy plant-based snacking in Europe; small in size but expands controlled business portfolio.