Lotte Chilsung Beverage Co Ltd - Company Profile
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Lotte Chilsung Beverage Co Ltd (Lotte Chilsung), a subsidiary of Lotte Corp, is a beverage company that specializes in the manufacturing and sale of carbonated beverages, coffee, and alcoholic drinks. The company's major products include carbonated drinks, alcoholic beverages, and non alcoholic beverages, among others. It markets and distributes its products under the Chilsung Cider, Let's Be, and Cloud brand names. The company's products are used in various settings, including retail stores, restaurants, and supermarkets. It operates in South Korea, Russia, China, the US, and Japan. Lotte Chilsung is headquartered in Seoul, South Korea.
Lotte Chilsung Beverage Co Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Carbonated Drinks | Chilsung Cider |
| Alcoholic Beverages | Pepsi-Cola |
| Non-Alcoholic Beverages | Del Monte |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In February, the company sold its vending machine direct operation business to Walker High. |
| 2023 | Acquisitions/Mergers/Takeovers | In October, the company acquired a 73.6% stake in Pepsi-Cola Products Philippines Inc. |
| 2022 | Plans/Strategy | In August, the company announced its plans to acquire 50.99% stake in Bigsome (Bigsum). |
Competitor Comparison
| Key Parameters | Lotte Chilsung Beverage Co Ltd | The Coca-Cola Co | Uni-President China Holdings Ltd | Jinro Distillers Co., Ltd. | OKF Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | China | South Korea | South Korea |
| City | Seoul | Atlanta | Shanghai | Ansan | Seoul |
| State/Province | - | Georgia | Shanghai | - | Seoul |
| No. of Employees | 5,642 | 69,700 | 33,652 | 55 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Park Yun-Gie | Chief Executive Officer; Director | Executive Board | 2021 | - |
| Song Hyo-Jin | Director; Chief Financial Officer | Executive Board | 2021 | - |
| Joon-Beom Lim | Director - Strategic Planning Division; Director | Executive Board | 2020 | - |
| Dong-Jin Lee | Director; Director - Sales - LOTTE Chilsung Liquor | Executive Board | 2020 | - |
| Won-Seon Baek | Director | Non Executive Board | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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