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Sampoerna Inc., Indonesia, Indonesia | |
Updated: 02/2012 | |
DESCRIPTION: PT HM Sampoerna Tbk. is an Indonesian tobacco company. Sampoerna/Philip Morris International is the largest Indonesian tobacco company, ahead of Gudang Garam and Djarum. In May, 2005, subsidiaries of Altria Group completed the acquisition of 97.95% of the company. A block of approximately 40% of the outstanding stock was sold by the controlling Sampoerna family, especially by Putera Sampoerna, and other insiders in a negotiated transaction and the remaining shares were purchased in a tender offer. The series of transactions valued the company at approximately $5.2 billion. The investment in Sampoerna represented a strategic move for Altria and KT&G of South Korea. Philip Morris International was spun off from Altria in 2008. Although Marlboro is the most popular Western-style (non kretek cigarette), most Indonesians still smoke kretek cigarettes. | |
MISSION: n/a | |
GENERAL INFO | |
Year Established: n/a Sector: n/a Industry: n/a Employees: n/a Number of Jobs Listed: 0 (View All Active Jobs of Sampoerna Inc.) | |
FINANCIAL INFO | |
Revenue: n/a | |
Ownership: Private | |
LOCATION | |
Headquarters: Indonesia,ID Web Site:
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