UNVR – Officially divests Sariwangi tea business to Savoria for IDR1.5 tn

UNVR – Officially divests Sariwangi tea business to Savoria for IDR1.5 tn Unilever Indonesia (UNVR) officially completed the sale of its Sariwangi tea business to Savoria Kreasi Rasa. The transaction value reached IDR1.5 tn, equivalent to 45% of UNVR's equity based on its 3Q25 financial report. Management confirmed that the company has received full payment for the divestment. Historically, the Sariwangi segment contributed 2.5% to total assets, 2.7% to operating revenue, and 3.1% to UNVR's net profit. This strategic move allows UNVR to realize the investment value of its tea business and refocus its resources on its remaining core operations to drive long-term shareholder value. (Source : Kontan)