KKR Invests in PT Nippon Indosari Corpindo in Indonesia
11.10.17
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Simpson Thacher represented KKR in its acquisition of a 12.64% stake in PT Nippon Indosari Corpindo Tbk (“Indosari”), which is listed on the Indonesian stock exchange (IDX: ROTI). Established in 1995, Indosari is Indonesia’s leading mass-produced, branded bread company, with 10 manufacturing facilities in eight Indonesian cities. Marketed under its own Sari Roti brand, Indosari sells packaged bread and cake products across its network of 67,000 points of sale.
The Firm also represented KKR in its previous investments in other consumer businesses in Indonesia, Japfa Comfeed and PT Tiga Pilar Sejahtera Food.
The Simpson Thacher team includes Ian Ho and Sandra Kister (M&A).