Lotte Food Co., Ltd. (KOSE:A002270) signed a contract to acquire Brewed Coffee Business from Lotte Chilsung Beverage Co., Ltd. (KOSE:A005300) for KRW 11.5 billion on October 10, 2014. The Board of Directors of Lotte Food decided the deal on October 10, 2014.

Lotte Food Co., Ltd. (KOSE:A002270) cancelled the acquisition of Brewed Coffee Business from Lotte Chilsung Beverage Co., Ltd. (KOSE:A005300) on October 10, 2015.