Two Decades as the Momentum for COCO's Cocoa Business Expansion
PT Wahana Interfood Nusantara Tbk (IDX: COCO), the premium cocoa and chocolate processing company known as Win&Co Group, celebrated its 20th anniversary on 15 February 2026. The two-decade journey marks the company’s transformation from a cocoa beverage producer into an integrated business group in the cocoa processing and value-added chocolate products sector. The 20th anniversary celebrations were held in a hybrid format in Jakarta and Sumedang and were attended by management and employees. The milestone was used as a moment of reflection on the company’s business journey and to reaffirm strategic direction for the next growth phase.
Since its establishment in Bandung in 2006, Win&Co Group has gradually expanded its cocoa and chocolate-based product portfolio. The products include cocoa powder, baking chocolate, chocolate compounds, and confectionery products marketed for both business-to-business (B2B) and business-to-consumer (B2C) segments.
The corporate transformation intensified when Win&Co Group restructured by strengthening the holding structure and listing its shares on the Indonesia Stock Exchange (IDX) in 2019. The move underscored the company’s commitment to transparent corporate governance and to increasing accountability to shareholders and regulators.
To boost production capacity and operational efficiency, the company also built a new production facility in Sumedang in 2024. The facility strengthens the company’s supply chain integration and supports the development of value-added chocolate products amid the growth of the domestic and global cocoa industries.
As part of the two-decade celebration, Win&Co Group also inaugurated its new office located at Sinarmas Land Plaza Sudirman, Jakarta. The opening of the office symbolises organisational development and readiness to enter the next phase of business expansion.
CEO Sugianto Soenario said the 20-year momentum is a symbol of the company’s consistency and resilience in facing the dynamics of the cocoa industry. ‘Over two decades, Win&Co Group has faced various dynamics in the industry, including fluctuations in global cocoa prices, changes in consumer preferences, and challenges in national and international economies. Consistency in maintaining product quality, sustainable innovation, and strengthening human resources have become the main pillars of business continuity,’ he said in a written statement in early March 2026.
Entering its third decade of operation, the company affirmed its commitment to continue strengthening its position in the national cocoa and chocolate industry. In addition, Win&Co Group is targeting sustainable value creation for customers, business partners, shareholders, and all stakeholders.
Downstreaming the cocoa industry in Indonesia continues to be propelled through an SME cluster strategy focused on creating an inclusive agribusiness ecosystem from upstream to downstream. The increased production capacity is expected to deliver a double impact: reducing imports of raw materials and cutting greenhouse gas emissions.
Samasindo aims for an 80% capacity utilisation rate by 2025, although the company only began commercial operations in early September.
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