HISTORY

ICBP originated from the Consumer Branded Product (“CBP”) Group of its parent company, PT Indofood Sukses Makmur Tbk (“Indofood”). Its business operations began in 1982 with the production of instant noodles. CBP Group entered into nutrition and special foods in 1985, and in 1990, expanded into snack foods through a co-operation with Fritolay Netherlands Holding B.V., an affiliated company of PepsiCo. The food seasonings business was set up in 1991.

 

The dairy business began in 2008 through the acquisition of Drayton Pte. Ltd., the majority shareholder of PT Indolakto (“Indolakto”). In 2009, Indofood restructured the various consumer businesses under CBP Group to establish ICBP. Since its establishment as a separate entity, ICBP has developed its businesses and strengthened its leading position in most of its market segments. The key milestones following the establishment of ICBP are as follows:

 

Year
1982

Started the noodles business.


Year
1985

Started the nutrition and special foods business.


Year
1990

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


Year
1991

Started the food seasonings business.


Year
2005

 

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

Year
2008

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


Year
2009

Incorporation of PT Indofood CBP Sukses Makmur


Year
2010

 Listing on the Indonesia Stock Exchange


Year
2013

Started the Beverage Business


Year
2014

 

  • Entered into the Packaged Water Business through the Acquisition of the Club Brand
    • Expanded the Dairy Business through the Acquisition of the Milkuat Brand

Year
2018

 

  • Acquired full ownership in the Beverages and Culinary Products’ Subsidiaries
  • Expanded Product Distribution of Paper Diapers Business