Walalangi & Partners (in association with Nishimura & Asahi) advised Mitsui & Co., Ltd. in its strategic investment in PT Pangan Lestari, one of the leading food distribution and cold-chain logistics companies in Indonesia with operating branches throughout Indonesia. PT Pangan Lestari offers wide variety of food products, including daily necessities and frozen products, to major retailers, restaurants, hotels, by taking advantage of its strong own dry and cold-chain logistics.
Through its investment in PT Pangan Lestari, Mitsui brings wealth of expertise, knowledge and experience to improve distribution functions and logistics efficiency, to expand and scale up Pangan Lestari’s business, and ultimately to enhance the quality of Indonesian consumers’ daily life by solving social issues such as reducing food waste and easing traffic congestion.
The transaction was deftly handled by Luky Walalangi, by the unwavering support of two other esteemed partners, Miriam Andreta and Hans Adiputra Kurniawan, who brought their expertise to the table. In addition to the partner trio, the team consisted of a dynamic group of associates Andhika Indrapraja, Sinta Dwi Cestakarani, Putri Bening Larasati, Yuki Tresnaningtyas, and Raissa Richka Jonah, who worked tirelessly to ensure the successful completion of the transaction. This collaborative effort and the synergy among the team members were instrumental in navigating the complexities of the deal and delivering exceptional results for Mitsui.
Heartfelt congratulations to all parties on the successful closing of the transaction!