Indofood

PT. Indofood CBP Sukses Makmur Tbk. (IDX:INDF)
Public company
Industry Food
Founded 1968
Founder Sudono Salim
Products Food
Website www.indofood.com

PT. Indofood CBP Sukses Makmur Tbk., better known as Indofood, is a major Indonesian company involved in the food industry. The company's headquarters are in Jakarta[1]

History

Instant noodles business first founded in 1968, to produce Indomie. Indofood was founded in 1968 as Panganjaya Intikusuma till 1993, before changing to its current name in 1994.[2] It is one of the companies owned by the family of Sudono Salim under the Salim Group.[3]

In January 2013 when filing on the Indonesia Stock Exchange, Indofood said it is planning to buy 50% of Brazilian sugar-cane processor Cia Mineira de Acucar e Alcool Participacoes, (CMAA) for $72 million.[4]

Products

Indofood owned products

Indofood Asahi 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. The first plant in Africa was built in 2013.[5][6]

References

  1. "Indonesia-Investments.com:Indofood company profile". 1 April 2014.
  2. "Our History". Indofood. Retrieved 1 February 2010.
  3. Witular, Rendi A. (26 June 2004). "Salim in driving seat at Indofood". The Jakarta Post. Retrieved 1 February 2010.
  4. "Indofood to buy Brazilian sugar mill". Investvine.com. 2 February 2013. Retrieved 2013-04-03.
  5. Bagus BT Saragih (April 4, 2015). "Indofood to open noodle factory in Morocco, sixth in Africa".
  6. "Indomie Bangun Pabrik Terbesar di Maroko". May 10, 2015.

External links

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