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Buyout major EQT invests in Indonesian food ingredients maker Indesso

Buyout major EQT invests in Indonesian food ingredients maker Indesso Photo: Indesso website May 11, 2021 Swedish buyout major EQT has invested in Indonesia-based natural ingredients provider Indesso Group, according to its statement on Tuesday. The investment was made through the EQT Mid Market Asia III fund. Following the transaction, the founding Gunawan family will retain a majority stake and management control of the group. EQT is seeking to back Indesso’s inorganic growth plans in the region and invest further in the group’s digital infrastructure and sustainability practises. It also intends to support Indesso in areas of product innovation and enhancing raw material sourcing capabilities.

EQT Private Equity invests in Indesso, Southeast Asia s largest natural Flavor & Fragrance ingredients and Food & Wellness solutions provider

(1) Indesso benefits from the global demand and growing consumer awareness for natural ingredients, and contributes to the development of a sustainable value chain in the flavors & fragrances and wider consumer goods industries EQT Private Equity will support Indesso s ambition for continued research driven product innovation and geographical expansion, as well as in enhancing digital capabilities and sustainability, leveraging on EQT s inhouse expertise and global advisory network STOCKHOLM, May 11, 2021 /PRNewswire/ EQT is pleased to announce that the EQT Mid Market Asia III fund ( EQT Private Equity ) has invested in Indesso Group ( Indesso or the Group ). The founding Gunawan family will retain a majority stake in the Group and remains as management following the transaction.

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