The Salim Group is
Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...
's biggest
conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include
Indofood Sukses Makmur, the world's largest
instant noodle
Instant noodles, or instant ramen, is a type of food consisting of noodles sold in a precooked and dried block with flavoring powder and/or seasoning oil. The dried noodle block was originally created by Deep frying, flash-frying cooked noodles, ...
producer;
Indomobil Group, one of Indonesia's largest car manufacturers;
Indomaret, Indonesia's largest
convenience store
A convenience store, convenience shop, bakkal, bodega, corner store, corner shop, superette or mini-mart is a small retail store that stocks a range of everyday items such as convenience food, groceries, beverages, tobacco products, lotter ...
chain; and Bogasari, a large flour-milling operation. The group was founded in October 1972 by
Sudono Salim and his junior partner
Sutanto Djuhar (Lin Wenjing). The current
CEO is
Anthoni Salim, a son of
Sudono Salim.
The Salim Group also owns major
oil palm
''Elaeis'' () is a genus of palms, called oil palms, containing two species, native to Africa and the Americas. They are used in commercial agriculture in the production of palm oil.
Description
Mature palms are single-stemmed, and can gro ...
plantations (about 1,000 km
2) and logging concessions. Salim Group has been involved in
property development and the
leisure industry
The leisure industry is the segment of business focused on recreation, entertainment, sports, and tourism (REST)-related products and services.
The field has developed to the point of having university degrees and disciplines focused on it, such ...
for around 30 years. Its businesses include hotel and resort development, golf courses, and commercial real estate.
History
The Salim Group was closely tied to Indonesian politician and dictator
Suharto
Suharto (8 June 1921 – 27 January 2008) was an Indonesian Officer (armed forces), military officer and politician, and dictator, who was the second and longest serving president of Indonesia, serving from 1967 to 1998. His 32 years rule, cha ...
, who ruled Indonesia for 31 years and was Sudono Salim's "friend and patron".
During the
May 1998 riots that led to
Suharto's downfall, Sudono Salim's house was burned down and he was forced to flee to
Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
.
In 1999, the group called off talks to sell a stake in Indofood to
San Miguel Corporation, the largest food and beverage conglomerate in the
Philippines
The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ...
, because of control questions.
Projects in West Bengal
The Salim Group is involved in a number of projects in
West Bengal
West Bengal (; Bengali language, Bengali: , , abbr. WB) is a States and union territories of India, state in the East India, eastern portion of India. It is situated along the Bay of Bengal, along with a population of over 91 million inhabi ...
, an eastern state of
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
. It is involved in the construction of
Kolkata West International City. Salim and Universal Success are investors in the project, Ciputra is the developer, and Singapore-based Surbana is the project manager.
The proposal of the Salim Group for
chemical hub and multi-product
SEZ were cleared in principle by the board of approvals of the Union Commerce Ministry, Government of India, in October 2006.
Companies
* Elshinta Media
** PT Radio Elshinta (Elshinta Radio)
** PT Elshinta Jakarta Televisi (Elshinta TV)
** PT Majalah Elektronik Elshinta (Majalah Elshinta)
** Elshinta.com
** ElshintaShop.com
* PT XL Planet (elevenia)
** PT Elevenia Digital Teknologi Sukses (EDTS)
* PT NAP Info Lintas Nusa
* PT Asuransi Central Asia (ACA Group)
** PT Central Asia Raya (
CAR
A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people rather than cargo. There are around one billio ...
)
** PT Indolife Pensiontama (Indolife)
* PT Indoritel Makmur Internasional Tbk (Indoritel)
** PT Indomarco Prismatama (
Indomaret)
** PT Indomarco Adi Prima (Indomarco)
** PT Lion Super Indo (Super Indo) (51% owned by
Ahold Delhaize
Koninklijke Ahold Delhaize N.V. (in Dutch language, Dutch literally "Royal Ahold Delhaize"), commonly known as Ahold Delhaize, is a Dutch-Belgian multinational retail and wholesale holding company. Its name comes from the 2016 merger of two comp ...
)
** PT Nippon Indosari Corpindo Tbk (
Sari Roti)
*** All Fit & Popular Foods, Inc (Walter Bread)
*** Sarimonde Foods Corporation (Sarimonde) (co-owned with
Monde Nissin Corporation)
** PT Fastfood Indonesia Tbk (Indonesian sole franchisee of
KFC
KFC Corporation, doing business as KFC (an abbreviation of Kentucky Fried Chicken), is an American fast food restaurant chain specializing in fried chicken and chicken sandwiches. Headquartered in Louisville, Kentucky, it is the world's se ...
and
Taco Bell
Taco Bell Corp. is an American multinational chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired ...
) (co-owned with Gelael Group &
Yum Brands)
** PT Inti Cakrawala Citra (Indogrosir)
** PT Gardenia Makmur Selaras (PrimeBread)
** PT Indoroti Prima Cemerlang (Mr. Bread)
** Mister Donut Indonesia (Indonesian franchisee of
Mister Donut
Mister Donut is an international chain of doughnut stores, operating mostly in Asia. It was founded in the United States in 1956 by Harry Winokur. Primary offerings include doughnuts, coffee, muffins and pastries. After being acquired by Allied ...
)
* PT Bank Ina Perdana Tbk (Bank Ina Perdana) (29,02%)
* PT Transaksi Artha Gemilang (Ottocash)
* PT Inti Dunia Sukes (I.saku)
* PT Inti Paket Prima (Indopaket)
* PT Reksa Transaksi Sukses Makmur (Ottopay)
* PT IndoArtha Perkasa Sukses (Pede.id) (co-owned with
Allianz
Allianz SE ( , ) is a German Multinational corporation, multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management.
Allianz is the world's largest List of largest insurance ...
)
* PT Indo Seungli Makmur (iStyle.id) (co-owned with
Lotte Corporation
Lotte Corporation is a South Korean Multinational corporation, multinational Conglomerate (company), conglomerate corporation, and the fifth-largest chaebol in South Korea. Lotte was founded on 28 June 1948 by Korean businessman Shin Kyuk- ...
)
* PT Indomobil Sukses Internasional Tbk (
Indomobil Group)
** PT Suzuki Indomobil Motor (
Suzuki
is a Japanese multinational mobility manufacturer headquartered in Hamamatsu, Shizuoka Prefecture, Shizuoka. It manufactures automobiles, motorcycles, all-terrain vehicles (ATVs), outboard motor, outboard marine engines, wheelchairs and a va ...
)
** PT Nissan Motor Indonesia (
Nissan
is a Japanese multinational Automotive industry, automobile manufacturer headquartered in Yokohama, Kanagawa, Japan. The company sells its vehicles under the ''Nissan'' and ''Infiniti'' brands, and formerly the ''Datsun'' brand, with in-house ...
)
** PT Garuda Mataram Motor (
Volkswagen
Volkswagen (VW; )English: , . is a German automotive industry, automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by German Labour Front, The German Labour Front, it was revitalized into the global brand it ...
and
Audi
Audi AG () is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. A subsidiary of the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide.
The origins of the compa ...
)
** PT Kreta Indo Artha (
Kia)
** PT Hino Motors Manufacturing Indonesia (
Hino)
** PT Indomobil Multi Jasa Tbk (IMJ)
** PT CSM Corporatama (Indorent)
** PT Indomobil Prima Energi
** PT Kyokuto Indomobil Manufacturing Indonesia (Kyokuto Manufaktur)
** PT Furukawa Indomobil Battery Manufacturing (Furukawa Battery)
** PT Central Sole Agency (Indoparts)
** PT Indobaterai Energi Indonesia (Indobattery)
** PT Indomobil Finance Indonesia (Indomobil Finance)
** PT Shinhan Indofinance
** PT Suzuki Nusantara Jaya Sentosa
** PT Wahana Sun Hutama Nissan Indonesia
** PT Swadharma Multi Finance (Swadharma)
* PT Indofood Sukses Makmur (
Indofood)
** PT Indofood CBP Sukses Makmur Tbk (
Indofood CBP)
** PT Bogasari Flour Mills (Bogasari)
*** PT Inti Abadi Kemasindo (previously named PT Indofood Sukses Makmur Bogasari Flour Mills - Divisi Packaging)
** PT Salim Ivomas Pratama Tbk
** PT Nugraha Indah Citarasa Indonesia (previously named PT Nestle Indofood Citarasa Indonesia because violation of labor rights on
palm oil
Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 36% of global oils produced from o ...
incident)
** PT Indofood Fortuna Makmur (previously named
PT Indofood Frito-Lay Makmur because violation of labor rights on palm oil incident)
** PT Indolakto (
Indofood Nutrition)
** PT Anugerah Indofood Barokah Makmur (previously named PT Indofood Asahi Sukses Beverage because violation of labor rights on palm oil incident)
** PT Tirta Sukses Perkasa (Club)
** PT Arla Indofood Makmur Dairy Import (co-owned with
Arla)
** Indofood Agri Resources Ltd (
IndoAgri)
** Popolamama Indonesia (co-owned with Popolamama)
** Salim Palm Plantation
** PT Lotte Indonesia (co-owned with
Lotte)
** PT Yakult Indonesia Persada (co-owned with
Yakult)
* PT Cyberindo Aditama (CBN)
* PT Mega Akses Persada (FiberStar)
* PT Total Chemindo Loka (Total)
*PT Idmarco Perkasa Indonesia (idmarco.com)
* PT Bumi Resources Tbk.
* PT Bumi Resources Minerals Tbk.
* MACH Australia Holdings
** MACH Energy Australia Pty Ltd (MACH Energy)
** MACH Metals
*** Rex Minerals from 30 October 2024 - Owner/developer of
Hillside mine
Former companies
* Yayasan Anugerah Musik Indonesia (now owned by
Emtek)
* PT Indosiar Visual Mandiri (
Indosiar) (now owned by
Emtek through
SCM)
* PT Indosiar Karya Media Tbk (sold to Emtek and merged with
Surya Citra Media/SCM)
* PT Nuansa Karya Berita
** Tabloid Jelita
** Mamamia
** Tabloid Gaul
** Majalah Kort
** Majalah Story
* PT Nestle Indonesia (sold to
Djarum)
*
BCA Group (now owned by
Djarum)
**
PT Bank Central Asia Tbk
** PT BCA Finance
** BCA Finance Limited
** PT Bank BCA Syariah (BCA Syahriah)
** PT Central Santosa Finance
** PT BCA Sekuritas
** PT Asuransi Umum BCA (BCA Insurance)
** PT Asuransi Jiwa BCA (BCA Life)
* PT Indocement Tunggal Prakarsa Tbk (
Indocement) (now owned by
HeidelbergCement)
* PT Pepsi-Cola Indobeverages (leave from Indonesia)
* PT Indomiwon Citra Inti (now owned by Daesang Corporation 100%)
* PT Holdiko Perkasa (now owned by
Reckitt
Reckitt Benckiser Group PLC, currently branded as Reckitt, formerly known as Reckitt Benckiser, is a British multinational consumer goods company headquartered in Slough, United Kingdom. It is a producer of health, hygiene and nutrition pro ...
)
* PT Darya Varia Laboratoria Tbk (sold to
Unilab)
See also
*
First Pacific
First Pacific Company Limited () is a Hong Kong–based investment management and holding company with operations located in Asia. It involves telecommunications, consumer food products and infrastructure.
Businesses
Indonesia:
* Indofood Suk ...
Notes
References
{{Authority control
Palm oil production in Indonesia
Conglomerate companies of Indonesia
Indonesian companies established in 1972
Conglomerate companies established in 1972
Agriculture companies established in 1972
India–Indonesia relations
Family-owned companies of Indonesia