# Lealea Enterprise to acquire PT Taroko plant in Bandung, Indonesia

Lealea Enterprise signed an MOU to acquire PT Taroko's production facilities in Bandung, Indonesia for up to $50 million. The plant will initially handle fabric dyeing and finishing, with operations expected to launch in the second half of 2017.

- Type: Acquisition
- Announced: 2017-02-26
- Where: Bandung, Indonesia, Indonesia
- Value: $50.0M
- Status: announced
- Products: polyester filament yarns, polyester chips, fabric dyeing and finishing
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Nan Ya Plastics](https://endata.com/companies/19728.md) (partner)
- [Lealea Enterprise](https://endata.com/companies/22467.md) (acquirer)
- [PT Taroko Indonesia](https://endata.com/companies/22468.md) (target)
- [Taroko Textile](https://endata.com/companies/22469.md) (partner)
- [PT Taroko](https://endata.com/companies/22861.md) (target)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2017/02/27/2003665755), 2017-02-26: "Chairman James Kuo has made investing in Indonesia one of Lealea’s strategic priorities and set the goal of launching operations at the Indonesian site in the second half of the year."
- [wwd.com](https://wwd.com/sourcing-journal/industry-news/textiles-gear-up-for-future-expansion-and-innovation-gs-1238712789/), 2017-03-15: "Lealea is taking on Indonesia's textile sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.