Food Meets Fabric: Le Lavor Whips Up a Flavourful Stake in Shree Vrajendra

Image Source: DigitalLEARNlNG Magazine -

Le Lavor Ltd, the diversified trading and services firm, has entered into a Memorandum of Understanding (MoU) to acquire interest in Shree Vrajendra Foods Pvt Ltd, as a major milestone in its strategy of diversification. Under the terms of the transaction, the deal will be a share swap arrangement, where Le Lavor will transfer shares from its own holding to the promoters of Shree Vrajendra Foods.

Deal Highlights

Transaction Type: Share swap agreement
Target Company: Shree Vrajendra Foods Pvt Ltd
Reason: Strategic entry into food processing and distribution business
Structure: Le Lavor will issue fresh equity shares against the equity of the target company to Shree Vrajendra promoters

Strategic Logic

Diversification: Le Lavor, a laundry services and trading company by origin, is making an entry into the high-growth food and FMCG sector
Synergies: The deal is likely to unlock cross-sectors efficiency by integrating Le Lavor's retail and distribution presence with Shree Vrajendra's food processing capabilities
Glad-Tidings On The Growth Horizon: The acquisition is in line with Le Lavor's larger vision to be a multi-vertical consumer-facing enterprise

Sources: Moneycontrol, Rediff Money, Screener