CBL Group Strengthens Global Coconut Supply Chain with Major Indonesia Acquisition

CBL Group proudly announces the strategic acquisition of PT Tri Jaya Tangguh Indonesia (TJT), a large coconut processing facility, through an investment of over USD 25 million. TJT employs a workforce of over 800 employees. This milestone marks a significant step in CBL Group’s broader global expansion strategy, strengthening its presence in the fast-growing value-added coconut and coconut-based products segment, while enhancing scale and resilience.