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Leo Dryfruits & Spices Trading to acquire 60% stake in STK Food Processing
Dec-06-2025

Leo Dryfruits & Spices Trading has executed a share purchase agreement for the acquisition of 60% equity shareholding in STK Food Processing (STK). The aggregate purchase consideration for acquiring 60% equity shareholding in STK Food Processing is Rs 1 crore. In addition to the purchase consideration, the company will infuse a rupee term loan of Rs 1 crore into STK Food Processing. The transaction is expected to be completed on or before January 31, 2026. Upon completion of the transaction, STK Food Processing will become a subsidiary of the company.

The acquisition forms part of the company’s strategy to expand its product portfolio and strengthen its presence in the packaged food segment. The business of STK Food Processing is complementary to the company’s existing operations and will enable a broader and more integrated product offering. The transaction is expected to provide cross selling benefits by allowing the company to leverage STK’s established distribution network and customer base. This will support deeper market penetration for the company’s current products while also enhancing the reach of the acquired product categories.

Leo Dryfruits & Spices Trading is engaged in manufacturing/processing, trading and marketing of wide range of spices, dry fruits and other grocery products under the brand name ‘VANDU’ and frozen/semi fried products under the brand name of ‘FRYD’.

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