You are here: Home » News-CM » Companies » News
Business Standard

L T Foods acquires 30% stake in Netherland based organic food company

Capital Market 

L T Foods announced the acquisition of 30% stake in through its fellow subsidiary Nature Bio Foods BV (NBF B. V.), with an option to acquire a further 21% stake at the end of 5 years.

Nature Bio Foods Limited (NBF), the subsidiary of LT Foods has established itself as a responsible and dependable organic product and ingredient supplier across the globe. The Company has been providing authentic organic products through its holistic, integrated & sustainable business model that inspires, promotes & supports thousands of organic farmers.

The acquisition of a stake in is in line with long term growth strategy of NBF. is a Netherlands based Organic Specialty Food Company with a portfolio comprising breakfast bars, healthy snacks, baking range & gluten free, low sugar products that promote an active & healthy lifestyle. Further, it is expanding its product portfolio and venturing into organic wholegrains category such as oats and flax seeds. Its products are available in both retail & online stores.

Besides NBF BV, AndersInvest, a private equity investor, & Did-It, a Company that has immense experience in worldwide trading of organic products, have also taken a stake in BV.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, January 20 2021. 14:14 IST