UK: LT Foods inaugurates rice production facility
LT Foods, the Indian-origin global FMCG company, has commenced operations at a new state-of-the-art rice processing and packing facility in Harlow, UK. The 100,000 sq ft plant has a production capacity of 60,000 tonnes of rice per annum. According to the company, the site was established via an initial investment of £7 million ($8.9 million), […]
Netherlands: LT Foods to acquire Global Green Europe
LT Foods, a global food company, has announced that it has signed a definitive agreement to acquire to acquire a 100% stake in Hungary-based preserves firm Global Green Europe for €25 million ($29 million) through its Netherlands-based step-down subsidiary LT Foods Europe Holdings Limited, . Founded in 2006 following the acquisition of the former Intergarden N.V., […]
USA: LT Foods to acquire Golden Star Trading
Global food company LT Foods through its subsidiary LT Foods Americas has acquired a 51% controlling stake in Golden Star Trading Inc. along with its brand Golden Star. Golden Star Trading is an American company that markets jasmine rice products under the Golden Star brand being all GMO free, gluten free, and natural and/or organic. […]
India: Kameda Seika and LT Foods to open cracker factory
Kameda Seika, a Japanese snack firm, is forming a joint venture with LT Foods to produce its flagship crispy rice cracker in the northern Indian state of Haryana, according to a report in the Japan Times. LT Foods is described as a leading local food maker engaged in the milling, processing and marketing of branded […]
India: LT Foods and Kameda Seika establish joint venture for rice snacks
Indian rice specialist LT Foods and Japanese rice-based snack firm Kameda Seika have announced the launch of joint venture to sell rice based snacks in India, according to the Economic Times. The new 51:49 joint venture is described as being backed by a $10 million investment and is designed help the companies enter a new […]