Lotte considers South Korean brewery construction

- Last updated on GMT

Related tags: Kohlberg kravis roberts

Lotte, the South Korea-based retailer, is reportedly considering brewing brands at its own brewery in the country, despite dropping out of an potential acquisition for a leading national beer maker earlier this year.

The retail group is mulling over the possibility of constructing its own brewery in South Korea, after losing out to private equity group Kohlberg Kravis Roberts & Co to buy Oriental Brewery from Anheuser-Busch InBev, claims the Reuters​ news agency.

A spokesperson for the group told reporters that a brewery construction was one expansion plan currently being looked at.

Related topics: Manufacturers

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