Petra Foods has been delighting generations of chocolate lovers in the region for over 50 years. Founded by the Chuang family in the 1950's as a chocolate manufacturer in Indonesia, our Branded Consumer Business has since evolved into a regional consumer powerhouse with a strong presence in our core markets of Indonesia and the Philippines.
With an established portfolio of chocolate confectionery brands, including 10 master brands such as "SilverQueen", "Ceres" and "Delfi" and more than 20 key sub brands, we are the market leader for branded chocolate confectionery products in Indonesia. Our brands are also found throughout the region in Singapore, Malaysia, Thailand and the Philippines.
In the late 1980s, the Group ventured into the Cocoa Ingredients Business with a cocoa processing plant in the Philippines. This was followed by the acquisition of processing plants in Mexico, Brazil and Europe in quick succession. Over the next decade, Petra Foods grew to become the largest bean grinder in Asia and the fourth largest in the world after ADM, Cargill and Barry Callebaut, providing cocoa ingredients to companies in over 60 countries. Our customers included household names such as Nestle, Cadbury and Mars. In 2013, we sold this business at a premium to Barry Callebaut as part of a strategic move to allow the Group to focus on growing our regional Branded Consumer Business.
The group was listed on the Mainboard of the Singapore Stock exchange in 2004.