Proterra Investment Partners to Participate in FKS Food & Agri
In May 2017, Proterra Investment Partners (“Proterra”), a US based private equity group which focus is on natural resources sectors of agriculture, food, metals and mining, has invested a substantial USD 100 million in FKS Food and Agri Pte. Ltd. (“FKSFA”) in exchange for a minority stake in the company to further expand the company’s food processing and logistics capabilities throughout South East Asia.
The pact was commemorated by Proterra Investor and VIP guests’ visit to Nusa Prima Logistik -FKSFA and Indonesia’s newest, largest and most hi-tech port handling and logistics facilities in Teluk Lamong, Surabaya. The event followed by the group visit to local Tempeh Factories in Surabaya to observe how the local process FKSFA’s soybeans into consumable products.