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EQT
2 CÈ pieces since 9 September 2026: 1 intel item, 1 essay. Newest first.All companies →
Which Indonesian business is worth US$1 billion? A 58-year-old flavour ingredients supplier
EQT, the Swedish buyout group that buys companies with investors' money, and Indonesia's founding Gunawan family are reviewing a sale of Indesso at a reported US$1 billion. Robertus Hartanto Gunawan started the flavour and aroma ingredients firm in 1968.
Grade A warehouse rent in Ho Chi Minh City runs about US$5.30 a metre. One founder paid herself as if she already owed triple that.
On voluntary discomfort, and the warehouse lease a Ho Chi Minh City founder tested before she agreed to sign it.