Acquisition History / LT Foods Ltd / Global Green Europe Kft
LT Foods Ltd Acquires Global Green Europe Kft
Announced October 14, 2025 — $29.3M
What happened
Basmati rice group LT Foods, owner of the Daawat and Royal brands, agreed to buy 100% of Hungary-based Global Green Europe Kft for about EUR 25 million to widen its European packaged food presence. It pays EUR 6 million upfront for the equity, EUR 1.8 million through a two-year earn-out, and assumes the target's debt. The deal also covers Global Green International (UK) and Greenhouse Agrar Kft.
- Acquirer
- LT Foods Ltd
- Target
- Global Green Europe Kft
- Announced
- October 14, 2025
- Price
- $29.3M
- Industry
- Packaged and processed foods
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did LT Foods Ltd acquire Global Green Europe Kft?
LT Foods Ltd acquired Global Green Europe Kft on October 14, 2025. This was LT Foods Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did LT Foods Ltd pay for Global Green Europe Kft?
LT Foods Ltd paid $29.3M for Global Green Europe Kft.
What does Global Green Europe Kft do?
Basmati rice group LT Foods, owner of the Daawat and Royal brands, agreed to buy 100% of Hungary-based Global Green Europe Kft for about EUR 25 million to widen its European packaged food presence. It pays EUR 6 million upfront for the equity, EUR 1.8 million through a two-year earn-out, and assumes the target's debt. The deal also covers Global Green International (UK) and Greenhouse Agrar Kft.
What other Packaged and processed foods companies has LT Foods Ltd acquired?
Global Green Europe Kft is LT Foods Ltd's only publicly tracked acquisition in Packaged and processed foods so far.