- Business
- PT Indofood Sukses Makmur Tbk (INDF.JK) operates as a total food solutions provider with integrated activities across the food manufacturing value chain, from raw material production and processing to consumer end-products; the company produces consumer branded products including instant noodles (such as Indomie, Supermi, Sarimi and Sakura), dairy items, snack foods, food seasonings, nutrition and special foods, and beverages; its Bogasari Group manufactures wheat flour (under brands like Cakra Kembar and Segitiga Biru) and pasta (La Fonte); the Agribusiness Group engages in research and development, seed breeding, oil palm cultivation and milling, and branded cooking oils, margarine and shortenings, alongside rubber, cocoa, sugar cane and tea plantations; the Distribution Group handles widespread distribution of Indofood products and third-party goods through an extensive network penetrating traditional markets across Indonesia. Headquartered in Jakarta, Indonesia, at Sudirman Plaza Indofood Tower, the company was incorporated in 1990 as PT Panganjaya Intikusuma, renamed PT Indofood Sukses Makmur in 1994, and listed on the Indonesia Stock Exchange that year; it maintains factories across Java, Sumatra, Kalimantan, Sulawesi and Malaysia, with exports to Australia, Asia and Europe, and forms part of the Salim Group. Recent developments include full ownership acquisitions of snack foods, beverage, and culinary subsidiaries by the Consumer Branded Products (CBP) Group, expansion into Africa's instant noodle market via Pinehill Company Limited, entry into packaged water with the Club brand, and listings of subsidiaries such as PT Indofood CBP Sukses Makmur Tbk (ICBP), PT Salim Ivomas Pratama Tbk and Indofood Agri Resources Ltd on respective exchanges.