Kolson and Lotte sign strategic alliance

K. S. Sulemanji Esmailji & Sons (Pvt.) Ltd. also known as Kolson signed a strategic investment alliance with Lotte Confectionery, South Korea. A ceremony was held in Karachi recently to formally announce this arrangement which was attended by Mr. IK Lee , Consul General of South Korea, Mr. Anis ul Hasnain Musvi, Secretary Board of Investment, Govt. of Pakistan, Ms. Nasreen Ali, DG Board of Investment, Govt. of Pakistan, senior management of Lotte Group, directors and management of Kolson, dignitaries and distinguished businessmen. Both the companies are well recognized in the food business and by joining hands they are poised to create new benchmarks in the F&B sector in Pakistan while also expanding the base to the regional markets.


Speaking on the occasion Mr. Saifuddin Sistanwala, CEO of Kolson during his welcome speech, gave a motivating background highlighting the journey of success of the company over the last 60 years, he said “ Lotte’s forming a strategic alliance with Kolson means lot to both companies. It’s the time Kolson would think beyond becoming No.1 Food Company in Pakistan. Indeed it is time to focus in terms of Regional market share. Kolson is fully entrenched in non traditional Afghanistan market which is gateway to Central Asian countries. Indeed whole world is eyeing this lucrative market. Kolson name is already well known in G.C.C countries and Bangladesh”.

Mr. IH Kim, Director Lotte Group presented the profile of the Group and expressed satisfaction that his Group, a top name globally, has found the right partner in Pakistan and that Kolson will provide them the entry into the markets in the region.

Mr. JW Lee, Director, Lotte Confectionery shared his views on Lotte’s vision and expectation into entering the Pakistan market, he said, “So Pakistan is another opportunity of dreams, Kolson must be the key part of it. Lotte has chosen Pakistan for the abundance of land, natural resources and availability of much talented and technical manpower with 170 million of promising consumer market. Kolson is one of the pioneer food manufacturing and processing industries in Pakistan and offers wide variety of products with strong brand awareness in Pakistan and neighbouring countries. Kolson offers strong potential to growth.”