Danantara Invests $2.5 Billion in Brazilian Meat Giant JBS Group

Danantara Indonesia is forging a significant long-term strategic partnership with Brazilian meat giant JBS Group, investing $2.5 billion for a 25% stake in a new joint venture. This venture will oversee JBS's operations in Australia and New Zealand, signaling Danantara's strategy of collaborating with world-class operators.

The partnership focuses on sectors with sustainable global relevance and value creation opportunities. "This strategic partnership reflects our commitment to building collaborations with global partners aligned with Danantara's investment mandate," said Pandu Patria Sjahrir, Chief Investment Officer at Danantara Indonesia. He added that the collaboration provides access to an established business ecosystem in developed international markets.

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This strategic partnership reflects our commitment to building collaborations with global partners aligned with Danantara's investment mandate.

Beyond the initial investment, the joint venture can raise an additional $2.5 billion in phased financing, bringing the total available capital to $5 billion. This funding will support acquisitions and greenfield investments in Indonesia, Southeast Asia, Australia, and New Zealand. "In addition to gaining access to an established business ecosystem in advanced international markets, this partnership is expected to leverage the experience and distribution channels of a leading global protein company, which can contribute to the long-term development of Indonesia's protein sector," Pandu explained.

JBS has a proven track record of value creation through consistent growth, market share expansion, and adaptability across fluctuating industry cycles. The investment is expected to bolster Indonesia's protein sector by integrating global expertise and capital.

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In addition to gaining access to an established business ecosystem in advanced international markets, this partnership is expected to leverage the experience and distribution channels of a leading global protein company, which can contribute to the long-term development of Indonesia's protein sector.