PT Federal Karyatama (FKT)
Company Summary
Description
Founded in 1988, FKT is one of Indonesia’s leading motorcycle lubricant marketers with a nationwide distribution network supported by approximately 40 dealers, 3,200 Federal Oil Centers and more than 10,000 retailers throughout Indonesia.Related Entities
Recent news
- 6/28/2018 - Exxon Closes on... (subscriber access)
- 4/30/2018 - Exxon Announces Acquisition of PT Federal Karyatama in Indonesia
Company Transactions
Date: 6/28/2018
Type: Acquisition
NOTES:
ExxonMobil has entered into a deal to acquire PT Federal Karyatama, one of the largest manufacturers and marketers of motorcycle lubricants in Indonesia. The deal includes Federal Oil Brand with a 700 Mbbl/d blending plant in Cilegon, Indonesia. The deal is expected to close in the third quarter of 2018.
ExxonMobil has entered into a deal to acquire PT Federal Karyatama, one of the largest manufacturers and marketers of motorcycle lubricants in Indonesia. The deal includes Federal Oil Brand with a 700 Mbbl/d blending plant in Cilegon, Indonesia. The deal is expected to close in the third quarter of 2018.
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Asia
News & Press Releases
Criterion News
- 6/28/2018 - Exxon Closes on... (subscriber access)
- 4/30/2018 - Exxon Announces Acquisition of PT Federal Karyatama in Indonesia
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