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English Indonesia PT Hotel Candi Baru and Affinity Equity Partners

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English Indonesia PT Hotel Candi Baru and Affinity Equity Partners English Indonesia PT Hotel Candi Baru and Affinity Equity Partners PT Hotel Candi Baru dan Affinity Equity Partners Formalize Strategic Partnership in PT Industri Resmikan Kemitraan Strategis dalam PT Industri Jamu dan Fasrmasi Sido Muncul Tbk. (the Jamu Dan Farmasi Sido Muncul Tbk. (“Perseroan” “Company” or “Sido Muncul”) atau “Sido Muncul”) Jakarta, 4 February 2021 – Sido Muncul, the Jakarta, 4 Februari 2021 – Sido Muncul, largest herbal remedy and leading consumer perusahaan jamu terbesar dan produk kesehatan health company in Indonesia, welcomes Affinity konsumen terdepan di Indonesia, menyambut Equity Partners (“Affinity”), a leading private Affinity Equity Partners (“Affinity”), salah satu equity investor in Asia, as a shareholder in the investor private equity terdepan di Asia, sebagai Company, formalizing Affinity’s strategic pemegang saham Perseroan. Sambutan ini turut partnership with PT Hotel Candi Baru (Holding meresmikan kemitraan strategis antara Affinity Company of Sido Muncul). Through its affiliate, dengan PT Hotel Candi Baru (Perusahaan Induk Concordant Investment Pte Ltd, Affinity holds a Sido Muncul). Melalui perusahaan afiliasinya, 21% shareholding in the Company. Concordant Investment Pte Ltd., Affinity memegang 21% saham Perseroan. Sido Muncul has grown considerably in recent Sido Muncul menunjukkan pertumbuhan pesat years as the demand for quality consumer health dalam beberapa tahun terakhir, seiring products have grown in conjunction with the rise meningkatnya permintaan terhadap produk in consumer health awareness. This trend is kesehatan konsumen serta ditopang oleh expected to reinforce the Company’s growth bertambahnya kesadaran konsumen akan gaya trajectory in the coming years. Sido Muncul is a hidup sehat. Tren ini diharapkan dapat pioneer in Indonesia’s jamu (herbal) industry and memperkuat arah pertumbuhan Perseroan di has a product portfolio of over 300 products masa mendatang. Sebagai perintis industri jamu di spread across herbal medicine, F&B, and Indonesia, Sido Muncul memiliki lebih dari 300 pharmaceutical category segments. A strategic produk di dalam portofolionya, mulai dari jamu, partnership with Affinity, a reputable and active makanan dan minuman, hingga produk farmasi. private equity investor in the Asia Pacific region, Kemitraan strategis dengan Affinity, salah satu can bring additional expertise to accelerate the investor private equity terdepan dan teraktif di Company’s growth. Affinity is headquartered in kawasan Asia Pasifik, dapat memberikan suntikan Hong Kong and has a strong track record in the keahlian untuk mempercepat pertumbuhan consumer sector across the Asia Pacific region. Perseroan. Berkantor pusat di Hong Kong, Affinity memiliki rekam jejak yang baik di dalam sektor produk konsumen di kawasan Asia Pasifik. David Hidayat, President Director of Sido Muncul Presiden Direktur Sido Muncul, David Hidayat said, “Combining Sido Muncul’s heritage and mengatakan, “Gabungan warisan dan deep-rooted expertise in Indonesia’s herbal pengetahuan mendalam Sido Muncul mengenai remedy and consumer health industry, together industri jamu dan produk kesehatan konsumen di with Affinity Equity Partner’s deep experience in Indonesia, bersama-sama dengan pengalaman the consumer sector and regional network, has panjang dan jangkauan Affinity Equity Partners di yielded positive results for the Company. By bidang produk konsumen di kawasan Asia Pasifik continuing to leverage both parties’ strengths, we telah membuahkan hasil positif bagi Perseroan. expect this partnership to continue to generate Dengan menggabungkan keahlian masing-masing strong value to all stakeholders.” pihak, kami berharap kemitraan ini akan terus menciptakan nilai yang kuat bagi para seluruh pemangku kepentingan.” Young-Taeg Park, Chairman and Managing Partner Chairman dan Managing Partner Affinity Equity of Affinity Equity Partners said, “We are pleased to Partners, Young-Taeg Park mengatakan, “Kami formalize our partnership with PT Hotel Candi menyambut baik peresmian kemitraan kami Baru in Sido Muncul. We have embarked on a dengan PT Hotel Candi Baru dalam Sido Muncul. transformation journey and are excited to Kami telah memulai perjalanan transformasi dan continue realizing the Company’s growth antusias untuk terus merealisasikan strategi strategies to strengthen its market position in the pertumbuhan Perseroan untuk semakin region and expansion into new verticals.” memperkuat posisi pasarnya di kawasan Asia dan berekspansi ke kategori/segmen baru.” About Sido Muncul Tentang Sido Muncul Headquartered in Semarang, Indonesia, Sido Sido Muncul adalah perusahaan jamu terbesar Muncul is the largest herbal remedy and leading dan produk kesehatan konsumen terdepan di consumer health company listed on the IDX since Indonesia. Sido Muncul berkantor pusat di 2013. Founded by Mrs. Rakhmat Sulistio in 1940, Semarang dan menjadi perusahaan tercatat di BEI who first formulated the Tolak Angin, Tolak Linu, pada tahun 2013. Didirikan pada tahun 1940 oleh and other jamu formula, Sido Muncul and Tolak Ibu Rakhmat Sulistio, peracik Tolak Angin dan Angin have grown to become household brands in Tolak Linu, kini Sido Muncul dan Tolak Angin Indonesia. Supported by a vertically integrated adalah merek pilihan keluarga Indonesia. Sido 32Ha manufacturing complex in Klepu, Semarang, Muncul adalah produsen jamu terbesar dan and a distribution network of 122 branches across termodern di Indonesia melalui pabrik yang the nation, the Company is the largest and most terintegrasi secara vertikal yang berdiri di atas modern herbal remedy manufacturer in lahan seluas 32 hektar di Klepu, Semarang serta Indonesia. didukung oleh 122 jaringan distribusi di Indonesia. About Affinity Equity Partners Tentang Affinity Equity Partners Affinity Equity Partners is one of the largest Affinity Equity Partners adalah salah satu firma independent private equity firms in the Asia private equity independen terbesar di kawasan Pacific region managing more than US$14 billion Asia Pasifik dengan dana kelolaan sebesar US$14 of assets under management with offices in Hong miliar. Affinity Equity Partners memiliki kantor di Kong, Singapore, Seoul, Sydney, Beijing, and Hong Kong, Singapura, Seoul, Sydney, Beijing, dan Jakarta. Since inception, Affinity Equity Partners Jakarta. Sejak didirikan, Affinity Equity Partners has completed over 50 landmark transactions in telah menyelesaikan lebih dari 50 transaksi eleven countries across various industries and berprestise dalam berbagai industri dan sektor di sectors with aggregate transaction value of US$ 19 11 negara, dengan nilai transaksi keseluruhan billion. The firm invests in businesses with an sebesar US$19 miliar. Affinity Equity Partners established track record, strong market positions, berinvestasi dalam perusahaan yang memiliki demonstrable earnings momentum and growth rekam jejak yang baik, posisi pasar yang kuat, ambitions. momentum laba yang terbukti, dan ambisi pertumbuhan yang berkelanjutan. .
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