Mintel: Lotte's Rakhat acquisition makes sense

09/12/2013 | (France)

Lotte's recent acquisition of a 76% stake in Rakhat, the leading confectioner in Kazakhstan, was praised by Mintel as a move that serves as a "jumping board" into Central Asia and Russia. "The decision to expand its presence and control in central Asia, given the geographic regions in which the company has already established itself, makes good sense," said Mintel's director of insight, Marcia Mogelonsky.

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