HISTORY

Although ICBP was established as a separate entity in 2009 and subsequently listed on the Indonesia Stock Exchange in 2010, its various businesses have been operational under the Consumer Branded Products (CBP) Group of its parent company, PT Indofood Sukses Makmur Tbk (“Indofood”), since the early eighties.

Today, many of ICBP’s product brands enjoy leading positions in their respective market segments. A history of its business operation is as follows:


1982
Year

Started the noodles business.


1985
Year

Started the nutrition and special foods business.


1990
Year

Started the snack foods business through a joint venture with Fritolay Netherlands Holding B.V., an affiliate of PepsiCo.


1991
Year

Started the food seasonings business.


2005
Year

 

  • Started the biscuit business.
  • Collaborated with Nestlé SA to market culinary products.

2008
Year

Started the dairy business through the acquisition of Drayton Pte. Ltd., which owns a majority share of PT Indolakto (“Indolakto”).
 


2013
Year

 

  • Started the beverage business through a joint venture with Asahi Group Holdings Southeast Asia Pte. Ltd., established in 2012.
  • Became an exclusive bottler for PepsiCo products.

 


2014
Year

 

  • Entered into the packaged water business, through the acquisition of the Club brand.
  • Expanded the dairy business through the acquisition of the Milkuat brand.