- JTI, JT Group Signs Agreement to Acquire Indonesian Kretek Cigarette Company and its Distributor, 4 August 2017, https://www.jt.com/media/news/2017/pdf/20170804_E01.pdf
- Nikkei Asian Review, Japan Tobacco buys Indonesian clove cigarette businesses for $1bn: Deal opens door wider to world’s No. 2 cigarette market, 5 August 2017, https://asia.nikkei.com/Japan-Update/Japan-Tobacco-buys-Indonesian-clove-cigarette-businesses-for-1bn
Philip Morris International (PM) the world’s largest transnational tobacco company is also the leading tobacco company in terms of market share in Indonesia. The company sells both kreteks and white cigarettes. The company was established in the country for 30 years.
PT. Djarum is one of Indonesia’s top three producers of kretek cigarettes, the dominant form of cigarettes sold in a country. Indonesia ranks among the top ten countries with the highest number of smokers.
Gudang Garam, headquarter is located in Kediri. Its cigarettes are sold in Malaysia, the US, Japan, Germany, France, Brunei Darussalam, Netherlands, Australia, Taiwan, and United Arab Emirates.
British American Tobacco (BAT) has acquired Bentoel Group (Indonesia’s fourth largest tobacco company) since 2010. The company has about 8% market shares in the country.
For more information ASEAN Tobacco Watch, 11 August 2017 JT expands its business in Indonesia