Indonesia: Latest beverage news & analysis
The Coca-Cola Co is to pay US$500m for a minority stake in Coca-Cola Amatil's Indonesian unit as it aims to reverse falling demand for its brands in the South-East Asian country.
Asahi Group is targeting sales of IDR5tn (US$430m) for its non-alcoholic beverage joint-ventures in Indonesia by 2017 as demand in the country grows.
Multi Bintang, the Heineken-controlled Indonesian brewer, has started work on a IDR210bn (US$19m) facility that will produce no- and low-alcohol beer.
An Asahi Group joint-venture in Indonesia is to take control of bottled water producer Tirta Bahagia Group in a deal worth IDR2.2tn (US$193m).
Asahi Group has teamed up with Indofood CBP Sukses Makmur to buy Indonesia's PepsiCo bottler for US$30m.
Coca-Cola Amatil has confirmed it will invest about AUD500m (US$492m) in Indonesia over the next three or four years.
Bottled water growth in Indonesia doubled in 2011, with volumes expected to jump by 57% over the next four years, a new study has shown.
Suntory has launched a green tea in Indonesia, the first time it has sold an own-brand beverage in the country.
Asahi Group has confirmed that it has signed two joint ventures with an Indonesian company to market and distribute non-alcoholic drinks in the country.
Coca-Cola Amatil is looking to spend around AUD300m ($321.69m) in Indonesia over the next two years, according to reports.
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