LT Foods through its fellow subsidiary -- Nature Bio Foods BV (NBF B.V.), has acquired 30% stake in Leev, Netherlands, with an option to acquire a further 21% stake at the end of 5 years. Nature Bio Foods has established itself as a responsible and dependable organic product and ingredient supplier across the globe. The acquisition of a stake in Leev.nu is in line with long term growth strategy of NBF.
LT Foods is a branded specialty foods company. It is engaged in milling, processing and marketing of branded and non-branded basmati rice, and manufacturing of rice food products in the domestic and overseas market.