Danantara and JBS Group Partner to Develop Protein Ecosystem
Danantara Indonesia, through Danantara Investment Management (DIM), has entered a long-term strategic partnership with JBS Group, a global protein producer.
The long-term strategic partnership, focused on JBS operations in Australia and New Zealand, reflects Danantara Indonesia’s strategy of partnering with world-class operators and investing in sectors that offer sustainable global relevance and value creation opportunities.
The transaction includes an investment of USD 2.5 billion for a 25% stake in a new joint venture (JV) managing JBS operations in Australia and New Zealand. In addition, the JV may raise up to USD 2.5 billion in additional investment financing in stages, bringing total available capital to USD 5 billion. This financing will be used to fund acquisitions and greenfield investments in Indonesia, Southeast Asia, Australia, and New Zealand.
This investment will provide DIM with access to a business ecosystem in established markets as well as experienced management with proven operational capabilities. Throughout its history, JBS has demonstrated a solid track record of value creation through consistent growth, market share expansion, and adaptability amid fluctuating industry cycles.
Chief Investment Officer of Danantara Indonesia, Pandu Patria Sjahrir, said the strategic partnership reflects Danantara Indonesia’s commitment to building collaborations with global partners aligned with its investment mandate.
“In addition to gaining access to an established business ecosystem in advanced international markets, this partnership is expected to leverage the experience and distribution channels of a leading global protein company that can contribute to the long-term development of Indonesia’s protein sector,” Pandu explained in an official statement on Friday (7/8/2026).
Global Chief Executive Officer of JBS, Gilberto Tomazoni, emphasised that the partnership with Danantara Indonesia marks an important step in the company’s long-term growth strategy in Southeast Asia. As one of the main pillars of JBS’s global platform, the business in Australia and New Zealand has excellent operations, world-class standards, and significant growth potential.
“Together with Danantara, we are well positioned to expand our presence in Indonesia and Southeast Asia, strengthen the regional protein supply chain, expand market access, and accelerate the development of Indonesia’s protein sector,” he said.
The transaction is subject to regulatory approval and the completion of agreements between the parties. Danantara Indonesia is fully committed to the process and will complete each stage in accordance with applicable regulations.