30% stake in Netherlands-based organic food firm acquired by LT Foods
Wed, Jan 20, 2021 3:20 PM

30% stake in Netherlands-based organic food firm acquired by LT Foods

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LT Foods on Wednesday announced the acquisition of a 30% stake in the Netherlands-based organic speciality food company Leev.nu. Nature Bio Foods BV, a subsidiary of LT Foods, gained 30% stake in Leev.nu, with an option to acquire a further 21 per cent stake at the end of five years. After this deal, Leev.nu will have access to the organic products grown by Nature Bio Foods.

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