PT Unilever Indonesia Tbk (the company) was established on 5 December 1933 as Lever’s Zeepfabrieken N.V. by deed No. 23 of Mr. A.H. van Ophuijsen, notary in Batavia. This deed was approved by the Gouverneur Generaal van Nederlandsch-Indie under letter No. 14 on 16 December 1933, registered at the Raad van Justitie in Batavia under No. 302 on 22 December 1933 and published in the Javasche Courant on 9 January 1934 Supplement No. 3.

By deed No. 171 of public notary Mrs. Kartini Muljadi SH dated 22 July 1980 the company’s name was changed to PT Unilever Indonesia. By deed No. 92 of public notary Mr. Mudofir Hadi SH dated 30 June 1997 the Company’s name was changed to PT Unilever Indonesia Tbk. This deed was approved by the Minister of Justice under decision letter No.C2-1.049HT.01.04 TH.98 dated 23 February 1998 and published in State Gazette No. 2620 of 15 May 1998 Supplement No. 39.

The company listed 15% of its shares on the Jakarta Stock Exchange and Surabaya Stock Exchange following the approval from the Chairman of Capital Market Supervisory Board (Bapepam) No.SI-009/PM/E/1981 on 16 November 1981.

At the company's Annual General Meeting on 24 June 2003, the shareholders agreed to a stock split, reducing the par value per share from Rp 100 per share to Rp 10 per share. This change was notarised by deed No. 46 of public notary Singgih Susilo SH dated 10 July 2003 and was approved by the Minister of Justice and Human Rights of the Republic of Indonesia under decision letter No. C-17533 HT.01.04-TH.2003.

The company is engaged in the manufacturing of soaps, detergents, margarine, dairy based foods, ice cream, tea based beverages and cosmetic products.

As approved at the company’s Annual General Meeting on 13 June 2000, which was notarised by deed No. 82 of public notary Singgih Susilo SH dated 14 June 2000 the company also acts as a main distributor of its products and provides marketing research services. This deed was approved by the Minister of Law and Legislation (formerly Minister of Justice) of the Republic of Indonesia under decision letter No. C-18482 HT.01.04-TH.2000.

The company commenced commercial operations in 1933.

Expansion of Unilever Indonesia

On 22 November 2000, the company entered into an agreement with PT Anugrah Indah Pelangi, to establish a new company namely PT Anugrah Lever (PT AL) which is engaged in the manufacturing, developing, marketing and selling of soy sauce, chilli sauce and other sauces under the Bango, Parkiet and Sakura trademarks and other brands under license of the company to PT AL.

On 3 July 2002, the company entered into an agreement with Texchem Resources Berhad, to establish a new company namely PT Technopia Lever which is engaged in the distribution, export and import of goods under the Domestos Nomos trademark. On 7 November 2003 Texchem Resources Berhad entered into a share sale and purchase agreement with Technopia Singapore Pte. Ltd, in which Texchem Resources Berhad agreed to sell all of its shares in PT Technopia Lever to Technopia Singapore Pte. Ltd.

At the company’s extraordinary General Meeting on 8 December 2003, the company received approval from its minority shareholders to acquire the shares of PT Knorr Indonesia (PT KI) from Unilever Overseas Holdings Limited (a related party). This acquisition became effective on the signing date of the share sales and purchase agreement between the company and Unilever Overseas Holdings Limited on 21 January 2004. On 30 July 2004, the company merged with PT KI. The merger was accounted for using a method similar to the pooling of interest method. The company was the surviving company and after the merger PT KI no longer existed as separate legal entity. This merger is in accordance with the approval of the Capital Investment Co-ordination Board (BKPM) in letter No. 740/III/PMA/2004 dated 9 July 2004.

On 2007, the company entered into a conditional agreement to buy the “Buavita” and “Gogo” brands of fruit-based Vitality drinks from Ultra. The transaction accomplished on January 2008.

‹ Prev Next › ‹ All Companies ›