發布日期:2023-01-29 08:28:42
A Ministop convenience store in Seoul / New1
Lotte, the holding company of Korean retail giant Lotte Group, said Friday it has acquired a 100-percent stake in Ministop Korea for 313.37 billion won ($263 million).
Under the deal, Lotte will take over 2,600 Ministop convenience store outlets across the country and 12 logistics centers from Japan's Aeon Group to strengthen its retail business, the company said in a statement.
Lotte's affiliate, Korea Seven, currently operates 11,750 7-Eleven convenience store outlets.
The Korean convenience store market has been dominated by BGF Retail's CU and GS Group's GS25, with 7-Eleven, Shinsegae Group's Emart 24 and Ministop being minor players.
Lotte operates the country's biggest department store chain and the second-biggest large discount store chain in terms of sales.
Ministop is an affiliate of the Japanese retailer and opened its first convenience store outlet in Korea in 1990. (Yonhap)