LOTTE Wellfood Beloved Around the World
Company Overview
 

From a Domestic Confectionery Pioneer
to an Innovative Global Food Leader

LOTTE Wellfood is the founding company of the LOTTE Group gaining the trust and love of Korean consumers since 1967.

Lifetime Value Creator

We tirelessly launch new products to maintain our confectionery market leadership and strive to innovate new technology to enhance the internationalization of K-Foods. The genesis of LOTTE Wellfoods came from the merger of LOTTE Confectionery with LOTTE Food which enhanced the product portfolio with HMR (Home Meal Replacements), edible fats & oils and processed meats. The vision being to provide diverse healthy and tasty meal solutions for all age categories in both South Korea and the overseas markets. Today LOTTE Wellfood is committed to becoming a global food leader beloved by consumers around the world.

Company Overview

(Jan-Dec. performance is based on Pro-Forma after the merger)
  • Sales KRW

    4.07 trillion

  • Operating income KRW

    177.0 billion

  • Company Name
    LOTTE Wellfood
  • First established
    1967.4.3
  • Re-listing
    2017.10.30
  • CEO
    Paul Yi
  • Main businesses
    Frozen confectioneries, ham, sweets, meat processing, milk processing, HMR
  • Contact
    02-2670-6114
  • Headquarters
    10, Yangpyeong-ro 21-gil, Yeongdeungpo-gu, Seoul
  • Main factories
    Yeongdeungpo, Pyeongtaek, Daejeon, Cheonan, Gimcheon, and Hoengseong factories

Origin of LOTTE’s Name

The Sorrows of Young Werther was a German literary classic written by Johan Wolfgang Goethe in 1774. The main heroine was Charlotte who was admired and adored by all. LOTTE is the short form for Charlotte and was selected in 1948 as the company name to inspire similar love from its consumers.