Leo Dryfruits & Spices Trading Limited Acquires Fox Nut Maker STK Food Processing
Leo Dryfruits & Spices Trading Limited has agreed to buy a 60% stake in STK Food Processing Pvt. Ltd, the Mumbai-based company announced.
STK Food Processing makes fox nuts and gram flour products under the POPMAK brand. The company has operated since 2012. Leo Dryfruits specializes in dry fruits, spices, and snacks.
Both companies supply India's defense forces through the Canteen Stores Department. The combined company will offer 16 products to defence customers.
Leo Dryfruits expects the deal to help expand its product range...
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