EQT Private Equity invests in Indesso, Southeast Asia's largest natural Flavor & Fragrance ingredients and Food & Wellness solutions provider - Seite 2

Brian Chang, Partner and Investment Advisor, Head of Southeast Asia at EQT Partners, said "Indesso started on its journey more than 50 years ago, bringing natural ingredients to the world. We are truly humbled by the opportunity to invest in a market leader in this highly thematic space as it prepares for the next phase of its journey to expand further. We have full confidence in the talented team and high quality business that Pak Robby is leading and are excited about the ample opportunities to further invest in innovation, sustainability and digitalization to continue to add value to Indesso's customers and principals."

Robby Gunawan, CEO of Indesso Group, said "This partnership with EQT represents a new chapter in Indesso's 'Journey of Unlocking Nature'. This will accelerate our corporate mission of creating innovative solutions with 'sustainable natural based ingredients for life'. In the last 10 years, we have enjoyed robust growth in our business built upon solid relationships with current business and supply partners, principals and customers, something that we want to continue and further strengthen. EQT's expertise and experience in our business space will support us in realizing new opportunities to provide better and innovative solutions for our customers."

The transaction was closed on 10 May 2021.

Contact

APAC media inquiries: KEKST CNC, [e-mail], [phone]

EQT Press Office, [e-mail], [phone]

Indesso Corporate Communication, [e-mail], [phone]

About EQT

EQT is a purpose-driven global investment organization with more than EUR 67 billion in assets under management across 26 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and the Americas with total sales of approximately EUR 29 billion and more than 175,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com

Follow EQT on LinkedIn, Twitter, YouTube and Instagram

About Indesso

Established in 1968, Indesso is one of Indonesia's key manufacturers of food, flavor, and fragrance ingredients. Through strict quality assurance, we ensure that all customers receive high quality products, which comply with international standards and regulations. Indesso is devoted to providing value-added ingredients through innovation, efficiency, and sustainable business practices.

More info: www.indesso.com

Follow Indesso on LinkedIn and Instagram

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Press release EQT Mid Market Asia III Indesso 210511