MAPI – Re-enters home improvement market with Ace Hardware

MAPI – Re-enters home improvement market with Ace Hardware Mitra Adiperkasa (MAPI) is set to bring the Ace Hardware brand back to Indonesia in 2026, a strategic move to re-enter and strengthen its position in the home improvement market. This initiative is expected to boost the company's long-term performance and expand its brand portfolio. In the first half of 2025, MAPI's retail segment sales grew by 7.22% yoy to IDR19.56 tn, with a net profit of IDR960.6 bn. The re-entry follows the previous license holder (ACES) rebranding its stores to AZKO. (Source : Bisnis Indonesia)