India’s LT Foods buys out Japan’s Kameda Seika from its rice-snacks joint venture, acquiring the remaining 49% stake, according to reports.
The transaction leaves LT Foods with full ownership of the joint venture previously operated with Kameda Seika. The outlets provided limited additional details about the purchase price, regulatory approvals, or timing.
Both sources frame the move as a consolidation of ownership rather than a change in product focus, focusing on the share purchase that ends Kameda Seika’s equity stake in the venture. With the information available, the primary difference is minimal: both identify the same parties and the same 49% stake being acquired by LT Foods.
