LT Foods subsidiary, Nature Bio Foods B.V., is increasing its stake in Dutch plant-based snack maker Leev.nu B.V. from 30% to 70.75%. The EUR 1.735 million cash deal aims to expand the company's presence in the European healthy snacking market by October 2026.
LT Foods Subsidiary To Acquire Controlling 70.75% Stake In Leev.nu B.V.
Equity Value: EUR 1.735 million | Target Turnover: c. EUR 6 million
Reader Takeaway: This acquisition provides LT Foods with majority control and immediate access to established Dutch retail distribution channels.
What just happened
Nature Bio Foods B.V., a subsidiary of LT Foods Ltd, has entered into a Share Purchase Agreement to acquire an additional 40.75% stake in the Netherlands-based Leev.nu B.V. The deal will elevate the subsidiary’s stake from 30% to 70.75%, effectively granting it management control over the target company. The acquisition is valued at EUR 1.735 million in cash, with completion expected by October 2026.
Why this matters
Leev.nu B.V. is an established player in the healthy plant-based snacking sector, specializing in lentil-based crackers and cakes. With an annual turnover of approximately EUR 6 million, the target company already holds listings in major Dutch retail outlets. For LT Foods, this deal is a strategic step to scale its international footprint in the high-growth healthy snacks segment.
What changes now
By securing majority ownership, LT Foods gains direct control over Leev.nu’s product portfolio and European retail relationships. This inorganic growth strategy allows the company to integrate established overseas operations into its portfolio rather than building from scratch. The company confirmed that its promoters have no direct interest in the transaction beyond their existing stake in the subsidiary.
What to track next
Investors should monitor the formal closing of the transaction by the October 2026 deadline. Additionally, the focus will shift to how LT Foods integrates these operations and whether the company can successfully scale Leev.nu’s product offerings to broader international markets beyond the Benelux region.
