Unilever has sold its Sariwangi tea stake in a Rp1.5 trillion deal

Jakarta, Thekabarnews.com—PT Unilever Indonesia Tbk (UNVR), a maker of consumer goods, has proceeded forward with its plan to sell the branded tea business Sariwangi. This is a strategic move to focus more on its core areas that are growing faster.

On January 6, 2026, a Business Transfer Agreement was signed with PT Savoria Kreasi Rasa. The company is part of the Djarum Group. The signing made the divestment official. The two sides agreed that the deal would be worth Rp1.5 trillion, not including taxes.

“The deal will help Sariwangi expand even further. It will also let Unilever focus its resources on business lines that have better long-term growth potential,” said Benjie Yap, President Director of Unilever Indonesia.

Benjie said in a statement that the decision makes sure that Sariwangi can keep growing under new ownership. Unilever will focus more on its main business.

Unilever’s executives stressed that the deal will not have a big effect on how the company runs or how it stays in business. Unilever expects the sale to conclude by March 2, 2026, provided all standard closing conditions are satisfied.

Unilever can get the full value of its investment by selling the tea business. It can possibly give some of the money back to shareholders in the short term.

According to the company’s financial disclosures, the deal value represents nearly 45% of Unilever Indonesia’s total equity as of September 30, 2025. 

Even though the transaction was worth a lot of money, Sariwangi’s impact on Unilever’s overall performance is still small. It constitutes approximately 2–3% of total assets, revenue, and net profit.

The sale shows that Unilever Indonesia is still working on optimizing its portfolio. This is in response to changing consumer tastes and more competition in the fast-moving consumer goods (FMCG) market.