Acquiring Company
CBL Group
Acquired Company
PT Tri Jaya Tangguh Indonesia
Pannipitiya
SurabayaManufacturingFood and BeverageRetailManufacturingFood and BeverageDescription
CBL Group has announced the acquisition of PT Tri Jaya Tangguh Indonesia with an investment exceeding USD 25 million. This strategic move aims to enhance CBL's coconut processing capabilities and expand exports to Europe and the United States. The acquisition will strengthen CBL's market share in the global coconut milk category and improve supply-chain resilience. CBL plans to increase local employment opportunities as the business expands.
Quick answer
CBL Group is acquiring PT Tri Jaya Tangguh Indonesia, announced January 21, 2026. CBL Group is based in Pannipitiya, Western Province, Sri Lanka.
- How much did CBL Group pay for PT Tri Jaya Tangguh Indonesia?
- The deal value was not disclosed.
- What does CBL Group do?
- CBL Group is one of Sri Lanka's largest diversified food manufacturing conglomerates.
- Where are CBL Group and PT Tri Jaya Tangguh Indonesia based?
- CBL Group is based in Pannipitiya, Western Province, Sri Lanka. PT Tri Jaya Tangguh Indonesia is based in Surabaya, East Java, Indonesia.
- Who are the decision-makers at CBL Group?
- Fundz holds 5 contacts at CBL Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Cal-Maine Foods acquires Creighton Brothers LLC (March 2, 2026)
- Grupo Alacant to acquire Silver Pail ice cream maker (February 27, 2026)
- The Fini Company acquires Tri D’Aix confectionery (February 5, 2026)
- Greencore acquires Bakkavor, enhancing growth potential (January 29, 2026)
Who to call at CBL Group, and when
When CBL Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day CBL Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CBL Group, from your own LinkedIn network
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Frequently asked
Who acquired PT Tri Jaya Tangguh Indonesia?
PT Tri Jaya Tangguh Indonesia was acquired by CBL Group, based in Pannipitiya. The deal was reported on January 21, 2026. CBL Group is one of Sri Lanka's largest diversified food manufacturing conglomerates. It specializes in producing a wide range of food products, including coconut-based goods. CBL Group is privately held and operates in Manufacturing.
When did CBL Group acquire PT Tri Jaya Tangguh Indonesia?
CBL Group's acquisition of PT Tri Jaya Tangguh Indonesia was reported on January 21, 2026. CBL Group has announced the acquisition of PT Tri Jaya Tangguh Indonesia with an investment exceeding USD 25 million. This strategic move aims to enhance CBL's coconut processing capabilities and expand exports to Europe and the United States. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PT Tri Jaya Tangguh Indonesia do?
PT Tri Jaya Tangguh Indonesia is a large coconut processing facility known for its substantial production capacity. The company employs over 800 individuals and plays a significant role in Indonesia's coconut industry. It is privately held, operating in Manufacturing, and is based in Surabaya.
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