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LT Foods acquires 817 Elephant brand of rice

18 Jul 2016 Evaluate

LT Foods has acquired 817 Elephant brand of rice through its UK subsidiary LT Foods International. The company has acquired the same to further strengthen its existing presence in Canada, USA and Israel.

LT Foods is one of the country’s leading processor and exporter of packaged rice foods under the flagship brand ‘Daawat’. The brand is among the top players in the domestic branded Basmati Rice markets.

 

Peers
Company Name CMP
Nestle India 1173.40
Varun Beverages 412.80
Britannia Industries 4656.30
LT Foods 376.15
Hatsun Agro Product 1011.90
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