World Beverage Institute
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FrieslandCampina to Acquire Majority Stake in Indonesia's Ultrajaya Milk

Published 27 September 2026 · WBI Industry News
FrieslandCampina to Acquire Majority Stake in Indonesia's Ultrajaya Milk
Image: Just Drinks

Dutch dairy company FrieslandCampina is acquiring a majority stake in Indonesian peer PT Ultrajaya Milk Industry, according to Just Drinks.

According to a report by Just Drinks, Dutch dairy company FrieslandCampina is acquiring a majority stake in Indonesian dairy producer PT Ultrajaya Milk Industry. Financial terms, transaction timelines, and structural details surrounding the deal were not provided in the source material. The acquisition represents a notable cross-border investment within the regional dairy beverage sector, strengthening FrieslandCampina's footprint in the Indonesian market.

Key facts

  • Dutch dairy business FrieslandCampina is acquiring a majority stake in PT Ultrajaya Milk Industry.
  • PT Ultrajaya Milk Industry is an Indonesian dairy company.

Why it matters

The transaction demonstrates ongoing international corporate investment and consolidation within Southeast Asia's dairy beverage market.

Dairy Acquisition Beverage Industry Indonesia FrieslandCampina Ultrajaya Milk

Sources
  • Just Drinks — 2026-09-25: “FrieslandCampina takes majority stake in Indonesia peer Ultrajaya Milk”

This article was prepared by WBI.org from the sources listed above with the assistance of AI and reviewed by a WBI editor before publication. Information is attributed to its original sources.

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