- CEO
- Sukismo
- Full Time Employees
- 1,218
- Sector
- Distribution services
- Industry
- Medical distributors
- Address
- Jakarta Indonesia
- IPO Date
- Jan 24, 2023
- Business
- PT Penta Valent Tbk is an Indonesia-based supply chain and distribution company engaged in the marketing, sales, warehousing, and nationwide distribution of pharmaceutical products, medical equipment, consumer goods, cosmetics, and veterinary healthcare supplies. Founded in 1968 and headquartered in Jakarta, Indonesia, the company operates as a key healthcare and consumer distribution entity within the Tancorp Group. PT Penta Valent Tbk operates across multiple specialized product categories and service areas, providing: pharmaceutical products, including prescription drugs, ethical pharmaceuticals, over-the-counter medications, generic formulations, vitamins, herbal supplements, and specialized therapeutic remedies; medical devices and clinical supplies, including diagnostic equipment, hospital consumables, surgical instruments, and medical testing supplies; cosmetics and personal care products, including skincare treatments, dermatological formulations, hair care items, and personal hygiene products; fast-moving consumer goods and wellness products, including nutritional supplements, health beverages, and consumer health goods; veterinary pharmaceuticals and animal health products, including livestock medications, animal nutrition additives, and veterinary supplies; and integrated logistics and commercialization services, encompassing Good Distribution Practice-compliant warehousing, temperature-controlled cold chain logistics, nationwide delivery routing, inventory tracking, regulatory affairs facilitation, and multi-channel fulfillment serving hospitals, clinics, pharmacies, drugstores, modern retail outlets, and traditional trade channels across Java, Sumatra, Kalimantan, Sulawesi, Bali, Nusa Tenggara, Maluku, and Papua. In recent developments, the company completed its strategic integration into the Tancorp Group following its acquisition by PT Tancorp Bangun Derajat, subsequently executing an initial public offering on the Indonesia Stock Exchange under the ticker PEVE to accelerate corporate growth. Following the public listing and group integration, the company has expanded its regional branch and warehouse network, broadened its portfolio through new distribution agreements with domestic and international healthcare principals, upgraded its temperature-sensitive cold chain distribution capabilities, and implemented modern enterprise resource planning and warehouse management technologies to optimize supply chain efficiency and expand market coverage across Indonesia.