Date: September 30, 2026
Strategic Actions
Nature Bio Foods B.V., Netherlands, a subsidiary of LT Foods Limited, has executed a Share Purchase Agreement to acquire additional equity shares in Leev.nu B.V., Netherlands. The acquisition involves purchase of 40.75% stake, increasing Nature Bio Foods' total shareholding from 30.00% to 70.75%, resulting in acquisition of controlling interest.
Transaction Details:
- Acquisition of 40.75% equity stake in Leev.nu B.V.
- Equity value: EUR 1.735 million
- Consideration: Cash payment
- Expected completion: October 2026
- No governmental or regulatory approvals required
Target Company Profile:
- Business: Healthy plant-based snacking food products, specifically organic lentil-based crackers and cakes
- Turnover: Approximately EUR 6 million (stable over last 3 years)
- Market Presence: Benelux retail market
- Key positioning: Listed on key Dutch retailers
Strategic Rationale:
The acquisition provides Nature Bio Foods with majority control of Leev.nu B.V. and offers a diversified product portfolio through access to plant-based healthy snacking products in the European market.
Related Party Status:
The transaction is not a related party transaction. Promoters/promoter group/group companies have no interest in the entity being acquired, except as disclosed in the shareholding structure.