Salim spreads his wings overseas
SADACHIKA WATANABE, Nikkei staff writer
JAKARTA -- Foreign expansion will test Anthony Salim this year.
The head of Indonesia's major conglomerate Salim Group also serves as the president and CEO of Indofood Sukses Makmur, the country's biggest food maker. Attention is being paid to whether he can get overseas operations on track after a series of acquisitions.
The group's founder, Sudono Salim, died aged 96 in 2012. His son Anthony then took over.
Indofood acquired Chinese and Brazilian food processing and sugar companies last year. It now needs to make sure these operations contribute to the company's bottom line.
The group has teamed up with Japanese companies for some operations. Indofood last year partnered with Asahi Group Holdings for a green tea beverage business. The group's telecommunications unit allied with Japan's TransCosmos on a call center operation.
The performance of these new undertakings for Salim will determine the group's future direction.