Colorful Fruity Gummy Bears Ready to Eat. getty. The family of tycoon Husodo Angkosubroto and their partners sold their entire 89.9% stake in Yupi Indo Jelly Gum to Hong Kong-based private equity ...

Yupi Indo Jelly Gum—one of Asia’s largest gummy candy makers backed by Indonesian billionaire Husodo Angkosubroto—is raising as much as $130 million from an IPO on the Indonesia Stock ...

Product from gummy candy maker PT Yupi Indo Jelly Gum. The company leads the soft candy subcategory, holding a 66.5 percent share in Indonesia, according to a Euromonitor report in November 2024.

The deal, still in its early stages, values Yupi Indo Jelly Gum at approximately $500 million, according to The Wall Street Journal. Founded in 1996 as a joint venture with a major European gummy ...

Indonesia’s gummy giant Yupi sets sights on sweet growth with 2.1 trillion rupiah IPO. The company aims to expand domestic and regional presence through its offering of around 854 million shares, at a ...

Yupi Indo Jelly Gum, a top gummy manufacturer in Southeast Asia, is drawing interest from TPG Inc., KKR & Co. Inc., and Blackstone Inc. for a $500M deal.