TWC Capital advises CBL on $25 m Indonesian acquisition
View(s):TWC Capital (PVT) LTD, the corporate financial advisory arm of TWC Holdings, acted as the exclusive buy-side financial adviser to CBL Group on its recent acquisition of PT Tri Jaya Tangguh Indonesia (TJT), a large-scale coconut processing facility in Indonesia, with an investment exceeding US$ 25 million.
This transaction marks TWC Capital’s third cross-border mergers and acquisitions advisory mandate in the past two years, reinforcing its growing reputation for executing complex international transactions for leading Sri Lankan and overseas corporate entities, the company said in a media release.
(From left) Sellers’ Financial Advisors, Sellers’ Legal Counsel, Sellers, CBL team, CBL’s Financial Advisors, and CBL’s Legal Counsel.
Director/ CEO – CBL Natural Cluster, and President Director – PT Tri Jaya Tangguh Indonesia – Randeewa Malalasooriya said: “We appreciate the structured advisory support provided throughout this cross-border transaction, which enabled disciplined execution across regulatory and financial requirements. Special appreciation to the TWC Team for the commitment, attention to detail, and willingness to go beyond expectations.”
Chairman and Managing Director, TWC Holdings – Thilan Wijesinghe stated: “We are proud to be part of CBL Group’s journey as it expands its global footprint and strengthens its position as a leading player in the international coconut manufacturing industry.”
The transaction is a strong testament to TWC Capital’s capability in managing sophisticated cross-border M&As, successfully navigating multi-jurisdictional regulatory frameworks, language and cultural considerations, and complex tax and structuring challenges.
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