PT Setara Kilau Mas Adicita and PT Sumber Bumi Serasi Plantations
Sector: Fertilizers • Location: East Kalimantan, Indonesia
Source: Financial Conduct Authority (FCA)
Acquisition of two oil-palm plantation companies owning 2,750 hectares under direct ownership and 250 hectares managed in East Kalimantan, Indonesia. The plantations are young (planted since 2016) and managed as part of the Bumi Mas estate, with crop processed at Bumi Mas mill. The acquisition was completed for a gross consideration of USD 35.1 million, settled with cash and initial payment of USD
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Participants
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Status
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Taiyo last update | 00-00-0000 |
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Contact
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Description
Description | Acquisition of two oil-palm plantation companies owning 2,750 hectares under direct ownership and 250 hectares managed in East Kalimantan, Indonesia. The plantations are young (planted since 2016) and managed as part of the Bumi Mas estate, with crop processed at Bumi Mas mill. The acquisition was completed for a gross consideration of USD 35.1 million, settled with cash and initial payment of USD 22.5 million, with loans of USD 12.6 million to be repaid. The Group commits to RSPO sustainable certification. |
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Original Currency | USD |
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Location
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Source
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
More Details
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