Danantara Invests USD 2.5 Billion in Brazilian Meat Giant JBS Group for Australian, NZ Operations

Danantara Indonesia, through its investment arm Danantara Investment Management (DIM), has forged a significant long-term strategic partnership with the global meat producer JBS Group of Brazil. The collaboration involves an investment of USD 2.5 billion, securing a 25 percent ownership in a newly formed joint venture.

This joint venture is specifically tasked with managing JBS's extensive operations across Australia and New Zealand. The partnership underscores Danantara's strategy of aligning with world-class operators and investing in sectors that offer sustainable global relevance and strong value creation opportunities. The venture also includes provisions for raising additional investment financing of up to USD 2.5 billion, potentially bringing the total capital available to USD 5 billion.

Pandu Patria Sjahrir, Chief Investment Officer at Danantara Indonesia, stated that the partnership reflects a commitment to building collaborations with global partners in line with Danantara's investment mandate. "In addition to gaining access to established business ecosystems in developed international markets, this partnership is expected to leverage the experience and distribution lines of leading global protein companies that can contribute to the long-term development of Indonesia's protein sector," Pandu explained.

The substantial financing will be allocated towards greenfield acquisitions and investments not only in Indonesia but also across Southeast Asia, Australia, and New Zealand. Sjahrir highlighted that this investment provides DIM access to robust business ecosystems and experienced management teams with proven operational capabilities. JBS has a demonstrated history of value creation through consistent growth, market share expansion, and adaptability in dynamic industry cycles.

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In addition to gaining access to established business ecosystems in developed international markets, this partnership is expected to leverage the experience and distribution lines of leading global protein companies that can contribute to the long-term development of Indonesia's protein sector.