Allana Group picks up minority stake in LT Foods

The Allana Group, which exports processed food products and agro commodities and distributes London Dairy ice-cream and Pristine Bakery, has picked up one per cent minority stake in packaged consumer products company LT Foods on an investment of Rs 20 crore. Announcing the acquisition, the group said that both companies have plans to use their synergies and technology transfer to expand LT’s consumer products business to focus on value-added and impulse products...
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