Kolson, Lotte sign strategic alliance

KARACHI (PR) - KS Sulemanji Esmailji and Sons (Pvt ) Ltd. also known as Kolson signed a strategic investment alliance with Lotte Confectionery, South Korea. A ceremony was held in Karachi recently to formally announce this arrangement which was attended by 1K Lee , Consul General of South Korea, Anis-ul-Hasnain Musvi, Secretary Board of Investment, Ms Nasreen Ali, DG Board of Investment, senior management of Lotte Group, directors and management of Kolson, dignitaries and distinguished businessmen. Both the companies are well recognised in the food business and by joining hands they are poised to create new benchmarks in the F&B sector in Pakistan while also expanding the base to the regional markets. Saifuddin Sistanwala, CEO of Kolson highlighted the journey of success of company over last 60 years, he said lH Kim, Director Lotte Group presented the profile of the Group and expressed satisfaction that his Group, a top name globally, has found the right partner in Pakistan and that Kolson will provide them the entry into the markets in the region.

ePaper - Nawaiwaqt