Danantara Indonesia Establishes Strategic Partnership with Leading Global Protein Player to Accelerate Indonesia's Protein Ecosystem Development
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07 August 2026 — Danantara Indonesia, through Danantara Investment Management (DIM), has formed a long-term strategic partnership with JBS Group, a leading global protein producer. The long-term strategic partnership, focused on JBS's Australia and New Zealand operations, reflects Danantara Indonesia's strategy of partnering with world-class operators and investing in sectors that offer enduring global relevance and value creation opportunities.
The transaction includes a USD 2.5 billion equity investment for a 25% stake in a newly formed joint venture (JV) overseeing JBS's Australia and New Zealand operations. In addition to the equity contribution, the JV may provide incremental investment capacity of USD 2.5 billion, bringing total available capital to up to USD 5 billion to fund acquisitions and greenfield investments across Indonesia, Southeast Asia, Australia, and New Zealand.
This investment will provide DIM with access to an established business in a developed market as well as a highly experienced management team known for its operational excellence. Throughout its history, JBS has built a strong record of value creation, driven by sustained growth, market share expansion, and resilience across volatile industry cycles.
Pandu Patria Sjahrir, Chief Investment Officer of Danantara Indonesia, said, "This strategic partnership reflects Danantara Indonesia's commitment to building collaborations with global partners that are aligned with our investment mandate."
"Beyond providing access to an established business ecosystem in a developed international market, the partnership is expected to leverage JBS's experience and distribution channels from a distinguished global protein company that may contribute to the long-term development of Indonesia's protein sector," added Pandu.
Gilberto Tomazoni, Global Chief Executive Officer of JBS, emphasized, "Our partnership with Danantara Indonesia marks an important step in our long-term growth strategy in Southeast Asia. As a cornerstone of the broader JBS global platform, our Australia and New Zealand footprint provides strong operations, world-class standards, and significant growth potential. Together with Danantara, we are well positioned to expand our presence across Indonesia and Southeast Asia, strengthen regional protein supply chains, broaden market access, and accelerate the development of Indonesia's protein sector."
The transaction is subject to relevant regulatory approvals and customary conditions for transactions of this nature. Danantara Indonesia is fully committed to the process and to completing each step in accordance with applicable regulations.
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About Danantara Indonesia
Danantara Indonesia, officially known as Badan Pengelola Investasi Daya Anagata Nusantara (BPI Danantara), is a strategic investment management institution established under Law No. 1 of 2025. As an independent entity under the President, Danantara Indonesia has a mandate to manage and optimize government investments and assets from State-Owned Enterprises (SOEs) in order to support the achievement of the Asta Cita vision, strategic national plans, as well as government programs to accelerate industrialization and economic growth. With a professional, transparent, and accountable approach, Danantara Indonesia aims to strengthen the governance of state assets, create added value for the economy, and increase Indonesia's competitiveness in the global market.
More on Danantara Indonesia: https://www.danantaraindonesia.co.id
For more information, please contact:
Communications Team
Danantara Indonesia
media@danantaraindonesia.com