The company will sell Sariwangi, one of the leading brands in Indonesia’s teabag market Read more at The Business Times.

The multinational company is divesting its stake to PT Savoria Kreasi Rasa, an affiliate of local conglomerate Djarum Group.

Unilever has agreed to sell its SariWangi tea business in Indonesia to local drinks and snacks producer Savoria Kreasi Rasa, a subsidiary of FMCG company Savoria. A regulatory filing published ...

TEMPO.CO, Jakarta - Consumer goods company Unilever Indonesia has sold its tea business, SariWangi, to PT Savoria Kreasi Rasa ...

PT Unilever Indonesia Tbk (UNVR) has agreed to sell its tea business under the Sariwangi brand to PT Savoria Kreasi Rasa, a subsidiary of Indonesia’s conglomerate Djarum Group, in a transaction valued ...

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed! T Unilever Indonesia has ...

LONDON (Reuters) - Unilever will make "drastic" changes in Indonesia, its finance chief said on Thursday as consumers boycott multinational brands in response to the war in Gaza and exacerbate the ...

In 20-plus years with Unilever Indonesia, Adeline-Ausy Setiawan has hawked everything from soaps to soup. Piggybacking on the skills learnt as a brand leader, Setiawan (or 'Ausy', as she is perhaps ...

Unilever Plc sales in Indonesia fell in the final three months of last year as consumers boycotted multinational brands in response to the war in Gaza. Sales in the southeast Asian country dropped 15% ...