Companies / South Korea
Lotte Confectionery Pushes West In Search Of EM Growth
July 2010 | Company Finance AlertIn a bid to reduce what remains a massive reliance on its increasingly mature domestic market, South Korean confectioner Lotte Confectionery, a subsidiary of Korean conglomerate Lotte Group - is to acquire Polish confectionery firm E. Wedel. The acquisition is Lotte Confectionery's first foray into Europe and adds to businesses in India, Vietnam and China as the company seeks to improve its geographic
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