[Herald Interview] Lotte Confectionery pushes to lead Asian snack market
Aug 5, 2014
Lotte Confectionery, the country’s No. 1 snack maker, said it aims to become Asia’s largest snack producer by 2018 through aggressive mergers and acquisitions, in addition to building more local production plants. By adding Africa, the Middle East and European markets to its expansion plans over the next four years, the company expects to generate more than 7.5 billion won ($7.4 billion) in annual global sales. Further, it believes overseas sales will, for the first time, swing into the black th