Indofood Asahi

2012–2018
On 2012, Indofood and Asahi Group founded two non-alcoholic beverages joint-ventures in Indonesia under Indofood Asahi brand umbrella. It acquired an affiliated local Pepsi bottler Pepsi-Cola Indobeverages and Club brand of mineral water.

The joint-venture was ended in 2018 when Indofood acquired the Asahi stakes. The brands later integrated into larger Indofood branding.