Danantara and JBS Group Collaborate on Indonesian Protein Ecosystem Development

Danantara Indonesia, through Danantara Investment Management (DIM), has forged a long-term strategic partnership with global protein producer JBS Group to drive the development of Indonesia’s protein ecosystem. The partnership focuses on JBS’s operations in Australia and New Zealand. Pandu Patria Sjahrir, Chief Investment Officer of Danantara Indonesia, stated that this strategic collaboration aligns with Danantara’s investment mandate to partner with world-class operators. The deal involves a $2.5 billion investment for a 25 percent stake in a new joint venture managing JBS’s Australian and New Zealand operations. The joint venture may also raise additional investment financing of up to $2.5 billion in stages, bringing the total available capital to $5 billion. Pandu said the financing will be used to fund acquisitions and greenfield investments in Indonesia, Southeast Asia, Australia, and New Zealand.