LOTTE has acquired the brand more than anything else and so the brand will continue to exist,” said Ankit Chona, MD of Havmor Ice Cream Limited. (Photo for representation purpose) LOTTE has acquired the brand more than anything else and so the brand will continue to exist,” said Ankit Chona, MD of Havmor Ice Cream Limited. (Photo for representation purpose)Havmor Ice Cream Ltd (HIL) on Thursday inked a deal to sell it’s ice-cream business to South Korea’s LOTTE Confectionery for Rs 1,020 crore. “Despite the sale of the business, Havmor ice-cream as a brand will continue to exist. LOTTE has acquired the brand more than anything else and so the brand will continue to exist,” said Ankit Chona, MD of Havmor Ice Cream Limited.

Source: Indian Express November 23, 2017 20:03 UTC