Japfa in $236 mln deal with buyout funds for Indonesian dairy business:https://www.nasdaq.com/articles/japfa-in-%24236-mln-deal-with-buyout-funds-for-indonesian-dairy-business-2020-12-06/6 December 2020
SINGAPORE, Dec 7 (Reuters) - Agri-food company Japfa Ltd JAPF.SI said on Monday it would sell an 80% stake in its Indonesian dairy business to private equity firms TPG and Northstar Group for $236 million, sending the Singapore-based firm's shares 4% higher.Japfa's dairy business in Southeast Asia does everything from farming to the branding of dairy products, and is Indonesia's largest dairy farm operations by volume of premium fresh milk produced with a herd size of over 16,000 Holstein and Jersey cattle, according to a statement. The company said a strategic partnership with TPG and Northstar can bring both funding and senior management expertise to further grow the business. In July, Japfa completed the sale of a 25% stake in its China dairy farming business to Japan's Meiji Co. Ltd for $254.4 million.
Government Encourages Partnership of Breeders and the Milk Industry: http://ekonomi.kompas.com/read/2017/09/23/050000026/pemerintah-dorong-kemitraan-peternak-dan-industri-susu/23 September 2017
The government launched a partnership program between milk processing industry and dairy farmers in an integrated manner. The development of the program aims to ensure the availability of raw material supply in support of the production process.
Director General of Agro Industry at the Ministry of Industry, Panggah Susanto said, through the implementation of this strategic move, the supply of raw material of fresh milk is targeted to increase from 23 percent in 2016 to 41 percent in 2021 and expected quality is getting better. To achieve that goal, The Ministry of Industry coordinates with the Coordinating Ministry for Economic Affairs, Ministry of Agriculture, and the Ministry of Cooperatives and SMEs.
The Ministry of Industry also encourages the domestic milk processing industry to carry out its investment commitments, so it will contribute in growing the manufacturing sector and the national economy.
Dairy Product Manufacturing in Indonesia
Indonesia Industry Report and Market Research
September 19, 2023
Industry Code : C3112
Forecast to : 2027
Definition
Dairy Product Manufacturing in Indonesia This class consists of establishments mainly engaged in the manufacturing of milk powder, condensed milk, liquid milk, sour milk and cream, including milk preserving, such as milk pasteurization and sterilization. Butter, cheese, baby food, ice cream powder, and various kinds of ice cream which have milk as the main ingredient are also included.
Activities
The primary activities of firms in this industry are:
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Manufacture of creamery and processed butter.
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Natural and processed cheese.
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Yogurt.
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Condensed, powdered, and evaporated milk.
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Fresh and preserved cream.
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Ice cream, ices, and other frozen milk desserts.
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Other edible milk products.
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Pasteurizing, homogenizing, vitaminising, bottling of fluid milk for wholesale or retail distribution.
The Dairy Product Manufacturing industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
