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BreadTalk enters partnership to grow Toast Box brand in Indonesia

Stanislaus Jude Chan Published on Fri, Mar 23, 2018 / 5:41 PM GMT+8

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SINGAPORE (Mar 23): BreadTalk Group’s wholly-owned subsidiary BreadTalk International has entered into a joint venture agreement with PT Pura Indah Berkat (PIB) to develop and operate the Toast Box brand in Indonesia.

The new joint venture company, PT BTG – Pura Indah Berkat Venture (BTG-PIB), will be 70%-owned by BreadTalk International, with PIB holding the remaining 30% stake.

PIB currently manages the Toast Box outlet at Soekarno-Hatta International Airport Terminal 3.