Finance

Katrina Group Set to Spice Up Singapore’s F&B Scene with South Korean Lotteria Hamburgers!

2024-10-24

Author: John Tan

SINGAPORE – Big news for burger lovers!

Katrina Group has announced plans to introduce the iconic South Korean hamburger chain, Lotteria, to the vibrant food scene in Singapore. The ambitious project was revealed on October 23, with plans to roll out several Lotteria outlets across the city-state, starting with the first location set to debut by the second quarter of 2025.

About Lotteria

Established in 1979, Lotteria has built a reputation for its tantalizing Korean-style burgers, often featuring unique local and seasonal flavors that cater to diverse palates. With over 1,600 locations spread across countries like Vietnam, Cambodia, and Myanmar, Lotteria is no stranger to international markets.

A Visionary Announcement

Alan Goh, the visionary CEO and founder of Katrina Group, expressed great enthusiasm about the brand’s arrival: “Given the brand’s massive popularity in South Korea and its emphasis on quality, innovation, and customer satisfaction, we are confident that Lotteria will resonate with Singaporeans and further enhance our F&B portfolio.”

Strategic Collaboration

To cement this exciting venture, Katrina Group has entered into a non-binding term sheet with Lotte GRS, the F&B arm of the Lotte Group which owns Lotteria. This collaboration is expected to harness the potent combination of Katrina’s existing market presence and Lotteria’s stellar brand reputation throughout Asia.

Katrina Group's F&B Portfolio

Katrina Group is no stranger to the dining landscape in Singapore, already managing an impressive array of seven brands, including popular establishments like Bali Thai, Daily Chicken, Streats, and So Pho. As they expand their footprint with Lotteria, the group aims to tap into the growing demand for innovative and quality dining experiences among Singaporeans.

Conclusion

Get ready, burger buffs! The arrival of Lotteria is set to bring a fresh twist to Singapore’s culinary offerings. Will you be among the first to try out these delectable Korean burgers when they hit our shores? Stay tuned for more updates as this mouthwatering venture unfolds!