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Indofood

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PT Indofood Sukses Makmur Tbk
FormerlyPT Panganjaya Intikusuma (1990–1994)
Company typePublic (Perseroan terbatas)
IndustryFood
Predecessors
  • PT Supermi Indonesia
  • PT Sanmaru Food Manufacturing Co., Ltd.
  • PT Sarimi Asli Jaya
FoundedAugust 17, 1990; 33 years ago (1990-08-17)
FounderLiem Sioe Liong
HeadquartersJakarta, Indonesia
Area served
Worldwide
Key people
RevenueIncrease Rp 99.35 trillion (2021)
Increase Rp 9.831 trillion (2019)
Increase Rp 4.91 trillion (2019)
Total assetsDecrease Rp 96.198 trillion (2019)
Total equityIncrease Rp 54.202 trillion (2019)
OwnerSalim Group
Number of employees
70,000 (2016)
ParentFirst Pacific
Divisions
  • Consumer Branded Products (under Indofood CBP; 80%)
  • Bogasari Flour Mills
  • Agribusiness
  • Distribution
Websitewww.indofood.com

PT Indofood Sukses Makmur Tbk, doing business as Indofood, is a major Indonesian company involved in the food industry. The company's headquarters are located in South Jakarta, Jakarta. It is known for its brand of instant noodles named Indomie.[1][2]

History

Indofood was founded in 1969 as Lambang Insan Makmur, an instant noodles business[citation needed], with its brand Indomie launching in 1972.[3] The company restructured on 14 August 1990 as PT Panganjaya Intikusuma.[2][4] In 1994, the company was renamed to PT Indofood Sukses Makmur, and was listed on the Indonesian Stock Exchange on 14 July 1994.[2][4] It is one of the companies owned by the family of Sudono Salim under the Salim Group.[5]

In January 2013, as part of a filing for the Indonesia Stock Exchange, Indofood said it is planning to buy 50% of Brazilian sugar-cane processor Companhia Mineira de Açúcar e Álcool Participações, (CMAA) for $72 million.[6]

On 17 February 2021, Indofood CBP has officially purchased all of the shares owned by Fritolay Netherlands Holding B.V., an affiliate of PepsiCo at PT Indofood Fritolay Makmur (IFL) worth IDR 494 billion, so that the production of Lay's, Cheetos and Doritos brand snacks in Indonesia will be stopped on 18 August 2021. IFL was then renamed into PT Indofood Fortuna Makmur. In addition, PepsiCo and its affiliates has also agreed not to produce, package, sell, market or distribute snack products that compete with IFL products in Indonesia for a period of three years.[7] Instead, Lay's, Cheetos and Doritos in the Indonesian market have been rebranded into Chitato Lite, Chiki Twist and Maxicorn, respectively.

Products

Instant noodle products

  • Indomie
  • Pop Mie
  • Sarimi
  • Supermi
  • Sakura
  • Intermi (former PT Pandu Djaya Abadi products)
  • Mi Telur Cap 3 Ayam

Sauce & seasoning products

  • Indofood Sambal
  • Indofood Tomato Ketchup
  • Indofood Soy Sauce
  • Indofood Instant Seasoning
  • Racik

Snack products

Baby food & cereal products

  • Promina
  • SUN
  • GoVit
  • GoWell (rebrand from Provita)

Dairy products

  • Indomilk
  • Cap Enaak
  • Tiga Sapi
  • Kremer
  • Orchid Butter
  • Milkuat acquired from Danone
  • Indofood Ice Cream
  • Puregrow Organic
  • Lurpak (imported product from Arla)
  • Castello (imported product from Arla)
  • Puck (imported product from Arla)
  • Arla (imported product from Arla)

Bogasari flour & pasta products

  • Cakra Kembar
  • Segitiga Biru
  • Kunci Biru
  • Lencana Merah
  • Taj Mahal
  • La Fonte
  • Sedani

Oil & margarine products

  • Bimoli
  • Palmia (rebrand from Simas after end JV with Sinarmas under Sajang Heulang Name)
  • Happy Salad Oil
  • Amanda
  • Delima

Beverage products

  • Freiss
  • Ichi Ocha
  • Club
  • Fruitamin

Confectionery products

Overseas expansion

In January 2015, Indofood built an instant noodles factory in Morocco and it is to be opened in Q3 2015. It is the sixth plant in Africa after Nigeria, Egypt, Sudan, Kenya and Ethiopia, and is the biggest overseas Indomie factory.[8][9]

Palm oil

In January 2019, Indofood withdrew from the Roundtable on Sustainable Palm Oil (RSPO) certification scheme.[10]

References

  1. ^ "Contact Info | Indofood". indofood.com. Archived from the original on 4 February 2021. Retrieved 3 May 2020.
  2. ^ a b c "Indofood Sukses Makmur | Indonesia Investments". indonesia-investments.com. Archived from the original on 3 November 2014. Retrieved 3 May 2020.
  3. ^ "Indomie | Flavour, Favoured by The World – About Us". indomie.com. Archived from the original on 4 February 2021. Retrieved 3 May 2020.
  4. ^ a b "Brief History of the Company | Indofood". indofood.com. Archived from the original on 12 November 2020. Retrieved 3 May 2020.
  5. ^ Witular, Rendi A. (26 June 2004). "Salim in driving seat at Indofood". The Jakarta Post. Archived from the original on 7 June 2011. Retrieved 1 February 2010.
  6. ^ "Indofood to buy Brazilian sugar mill". Investvine.com. 2 February 2013. Archived from the original on 13 August 2016. Retrieved 3 April 2013.
  7. ^ Uly, Yohana Artha (17 February 2021). Erlangga Djumena (ed.). "Sah Hubungan Berakhir, Indofood Borong Semua Saham Pepsi di Perusahaan Patungan Senilai Rp 494 Miliar". Kompas.com. Kompas Cyber Media. Archived from the original on 3 July 2023. Retrieved 22 February 2021.
  8. ^ Bagus BT Saragih (4 April 2015). "Indofood to open noodle factory in Morocco, sixth in Africa". Archived from the original on 14 August 2019. Retrieved 4 April 2015.
  9. ^ "Indomie Bangun Pabrik Terbesar di Maroko". 10 May 2015. Archived from the original on 26 June 2018. Retrieved 10 May 2015.
  10. ^ "PepsiCo responds with disappointment at Indofood's withdrawal from RSPO over disputed audit decision". 30 January 2019. Archived from the original on 9 August 2020. Retrieved 1 April 2019.

External links


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Indofood
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