KKR to acquire a 13% stake in PT Nippon Indosari Corpindo.

KKR, a leading global investment firm has acquired a 13% stake in PT Nippon Indosari Corpindo, Indonesia’s leading mass market bread company. Financial terms were not disclosed. Indosari is a leader and pioneer in Indonesia’s mass-produced, branded bread segment. Established in 1995, the Company has 10 manufacturing facilities across eight cities across the country. Marketed under its own Sari Roti brand, Indosari produces and sells a wide range of bread and cake products. "Indosari is KKR’s third investment in a leading consumer goods company in Indonesia, underscoring our strong belief in the continued growth of the country’s consumer sector. KKR is focused on partnering with strong Indonesian entrepreneurs to provide assistance and capital to home-grown, local champions like Indosari.” Jaka Prasetya, KKR Asia Managing Director.