PT Indaco Warna Dunia has entered a strategic partnership with Northstar Group, selling a 49% equity stake to enhance its growth and market positioning.

Information on the Target

PT Indaco Warna Dunia is a prominent company in the manufacturing sector, specializing in the production of high-quality paints and coatings. The firm has established itself as a trusted brand within Indonesia, known for its strong commitment to innovation and sustainable manufacturing practices. With a diverse product line, Indaco has catered to a broad customer base, ranging from individual consumers to large industrial clients.

Prior to the strategic partnership, Indaco underwent a comprehensive corporate restructuring process, aimed at enhancing operational efficiencies and business scalability. This restructuring was foundational in positioning the company favorably for investors, thereby maximizing its valuation during the capital raising initiative.

Industry Overview in Indonesia

The Indonesian paints and coatings industry is experiencing robust growth, driven by a surge in infrastructure development and architectural projects. As one of the larges