Mitsui and Fujimori Kogyo to acquire PT Champion Pacific Indonesia

 
Founded in 1975, PT Champion Indonesia supplies pharmaceutical packaging materials to a wide range of pharmaceutical manufacturers in Indonesia. Its track record as a supplier to major Indonesian drug companies spans more than 30 years. The company's advanced technology has also enabled it to build relationships with pharmaceutical manufacturers in other Southeast Asian countries. They have sales of $ 50 million (approximately Yen 5.3 billion).
 
The pharmaceutical market in Indonesia is expected to show high growth because of population growth and economic development, combined with the introduction of a new public health insurance system. Fujimori Kogyo has designing and development capabilities in the area of flexible packaging for pharmaceutical products, while Mitsui & Co has a customer base of medical professionals in Asia and Oceania. By integrating these resources with the business base of the Indonesian company, Mitsui and Fujimori will gain amplified capabilities to expand the existing business of PT Champion Indonesia, and also to develop a variety of new business.

 
Mitsui & Co has been engaged in sales of packaging materials for many years, especially in Asia. By participating in the pharmaceutical packaging material manufacturing business in the rapidly expanding Indonesian market, Mitsui aims to achieve improvement in both the quality and productivity of pharmaceutical packaging materials and contribute to the advancement of health care in Indonesia.