The Dutch dairy company has acquired a majority stake in PT Ultrajaya Milk Industry.
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FrieslandCampina is increasing its presence in the Indonesian market. The Dutch dairy firm has secured a majority stake in PT Ultrajaya Milk Industry, a prominent peer in the region.
According to Just Food, the move allows the company to strengthen its position within the local dairy sector. This strategic investment marks a significant step in the business's growth strategy for Southeast Asia.
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