ABNR Advises CBL Group on Strategic Acquisition of PT Tri Jaya Tangguh
ABNR is pleased to announce that we have successfully advised CBL Group, through its investment vehicles, on its landmark acquisition of a 100% shareholding in PT Tri Jaya Tangguh, a leading Indonesian producer of coconut‑based products. The transaction marks a significant milestone for CBL Group’s initial investment into Indonesia’s rapidly growing agribusiness sector.
PT Tri Jaya Tangguh, headquartered in Surabaya and having their factory in Gorontalo, Sulawesi, is a long‑established and respected player in the coconut processing industry. The company produces high‑quality coconut milk, coconut water, and coconut oil, and supports a workforce of over 800 hundred employees. This acquisition highlights Indonesia’s rising stature as a global hub for natural, sustainable, and value‑added commodity‑based products.
ABNR is honored to have supported CBL Group in this major investment. Our firm remains committed to assisting international clients in investing in Indonesia and navigating the nation’s regulatory landscape as industries continue to evolve in line with tightening global standards and compliance requirements.
This transaction was advised by a team led by Partner Agus Ahadi Deradjat, with support from Foreign Counsel Gustaaf Reerink, alongside Senior Associates Gerry Razi, Abdurachman Alatas, and Associates Reza Soebijantoro, Claudia Inggrid, and Nadiah Salsabila. We also would like to thank Randeewa Malalasoorya, CEO of CBL Natural Foods Cluster and Jayanga Wegodapola, Director Group Legal of CBL Group for their trust, and Rasanja Perera of TWC working hand-in-hand in advising CBL Group.
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NEWS DETAIL
02 Feb 2026
ABNR Advises CBL Group on Strategic Acquisition of PT Tri Jaya Tangguh
ABNR is pleased to announce that we have successfully advised CBL Group, through its investment vehicles, on its landmark acquisition of a 100% shareholding in PT Tri Jaya Tangguh, a leading Indonesian producer of coconut‑based products. The transaction marks a significant milestone for CBL Group’s initial investment into Indonesia’s rapidly growing agribusiness sector.
PT Tri Jaya Tangguh, headquartered in Surabaya and having their factory in Gorontalo, Sulawesi, is a long‑established and respected player in the coconut processing industry. The company produces high‑quality coconut milk, coconut water, and coconut oil, and supports a workforce of over 800 hundred employees. This acquisition highlights Indonesia’s rising stature as a global hub for natural, sustainable, and value‑added commodity‑based products.
ABNR is honored to have supported CBL Group in this major investment. Our firm remains committed to assisting international clients in investing in Indonesia and navigating the nation’s regulatory landscape as industries continue to evolve in line with tightening global standards and compliance requirements.
This transaction was advised by a team led by Partner Agus Ahadi Deradjat, with support from Foreign Counsel Gustaaf Reerink, alongside Senior Associates Gerry Razi, Abdurachman Alatas, and Associates Reza Soebijantoro, Claudia Inggrid, and Nadiah Salsabila. We also would like to thank Randeewa Malalasoorya, CEO of CBL Natural Foods Cluster and Jayanga Wegodapola, Director Group Legal of CBL Group for their trust, and Rasanja Perera of TWC working hand-in-hand in advising CBL Group.