JAPFA COMFEED INDONESIA TBK

is a multinational agriculture and food corporation headquartered in with its origins and primary operations in (as ), along with subsidiaries which operate in the rest of Asia. The company was founded in 1971, and listed at the and the in 1989 and 2014 respectively. Its business include animal feed alongside fish and poultry products. The company's operations in Indonesia originated in 1959, when Ferry Teguh Santosa founded PT Ometraco as a diversified group. Japfa was founded in 1971 at , as a joint venture between Ometraco and German firm Internationale Graanhandel Thegrau to manufacture pellets and coconut oil. Its name was initially PT Java Pelletizing Factory. In 1982, Ometraco took over Thegrau's stake. Ferry's son, Handojo Santosa, joined Japfa in 1986 and later took over management of the company. It had its at the and in 1989. Ometra went bankrupt due to the in 1997, but Japfa remained operational. In 2021, Japfa sold an 80% stake in its branded dairy subsidiary to private equity groups and for USD 236 million. In 2022, the group listed its China-based dairy subsidiary AustAsia at the , distributing the subsidiaries' shares to shareholders. As of 2022, it is the second largest poultry and animal feed producer in Indonesia, behind. In 2018, the company was fined Rp 2 billion (USD 140,000) by the Indonesian for failing to provide a notice to the body following its acquisition of a smaller firm. It went IPO on October 23, 1989. Some of its well-known products in Indonesia including Comfeed and Benefeed, Best Chicken and Tora-Tora, Tokusen Wagyu Beef, and Vaqsimune