Indofood

Indofood
PT Indofood Sukses Makmur Tbk, doing business as Indofood, is a major Indonesian company involved in the food industry. The company's headquarters are located in South Jakarta, Jakarta. It is famous for creating world's well known brand of instant noodles, Indomie.
History
Indofood was founded in 1969 as Lambang Insan Makmur, an instant noodles business, with its brand Indomie launching in 1972. The company restructured on 14 August 1990 as PT Panganjaya Intikusuma. In 1994, the company was renamed to PT Indofood Sukses Makmur, and was listed on the Indonesian Stock Exchange on 14 July 1994. It is one of the companies owned by the family of Sudono Salim under the Salim Group.
In January 2013, as part of a filing for the Indonesia Stock Exchange, Indofood said it is planning to buy 50% of Brazilian sugar-cane processor Companhia Mineira de Açúcar e Álcool Participações, (CMAA) for $72 million.
On 17 February 2021, Indofood CBP has officially purchased all of the shares owned by Fritolay Netherlands Holding B.V., an affiliate of PepsiCo at PT Indofood Fritolay Makmur (IFL) worth IDR 494 billion, so that the production of Lay's, Cheetos and Doritos brand snacks in Indonesia will be stopped on 18 August 2021. IFL was then renamed into PT Indofood Fortuna Makmur. In addition, PepsiCo and its affiliates has also agreed not to produce, package, sell, market or distribute snack products that compete with IFL products in Indonesia for a period of three years. Instead, Lay's, Cheetos and Doritos in the Indonesian market have been rebranded into Chitato Lite, Chiki Twist and Maxicorn, respectively.
Products
Indofood instant noodle products
Indomie
Pop Mie
Sarimi
Supermi
Sakura
Intermi
Mi Telur Cap 3 Ayam
Indofood sauce & seasoning products
Indofood Sambal (Chili Sauce)
Indofood Tomato Ketchup
Indofood Soy Sauce
Indofood Instant Seasoning
Racik
Indofood snack products
Chiki
Chitato
Jet-Z
Qtela
Maxicorn (rebrand from Doritos)
Chiki Twist (rebrand from Cheetos)
Chitato Lite (rebrand from Lays)
Indofood baby food & cereal products
Promina
SUN
GoVit
GoWell (rebrand from Provita)
Indofood dairy products
Indomilk
Cap Enaak
Tiga Sapi
Kremer
Orchid Butter
Milkuat acquired from Danone
Indofood Ice Cream
Puregrow Organic
Lurpak (imported product from Arla)
Castello (imported product from Arla)
Puck (imported product from Arla)
Arla (imported product from Arla)
Indofood Bogasari flour & pasta products
Cakra Kembar
Segitiga Biru
Kunci Biru
Lencana Merah
Taj Mahal
La Fonte
Sedani
Indofood oil & margarine products
Bimoli
Palmia (rebrand from Simas after end JV with Sinarmas under Sajang Heulang Name)
Happy Salad Oil
Amanda
Delima
Indofood beverage products
Freiss
Ichi Ocha
Club
Fruitamin
Indofood confectionery products
Choco Pie (under license from Lotte)
Pepero (under license from Lotte)
Lotte Bubble Gum (under license from Lotte)
Dueto
Inti Gandum (previously named as Keebler Digestive Biscuits)
Wonderland
Lotte Xylitol (under license from Lotte)
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.
Palm oil
In January 2019, Indofood withdrew from the Roundtable on Sustainable Palm Oil (RSPO) certification scheme.
References
External links
Official website
1990 establishments in Indonesia
1994 initial public offerings
Food and drink companies established in 1990
Food and drink companies of Indonesia
Manufacturing companies based in Jakarta
Indonesian brands
Companies listed on the Indonesia Stock Exchange
Indonesian companies established in 1990