PT Wahana Interfood Nusantara Tbk (COCO), also known as Win&Co Group, is preparing for business expansion through both organic and inorganic strategies.
The expansion is focused on the Food and Ingredients sector as well as Fast Moving Consumer Goods (FMCG). The company is targeting non-chocolate categories, including biscuits, wafers, snacks, and high-growth confectionery products.
This initiative aims to scale up the business while strengthening operational capabilities to support long-term growth. Win&Co Group sees acquisitions as a way to accelerate expansion, enhance distribution networks, and increase production capacity. The company is also targeting broader market penetration at both regional and global levels.
CEO Sugianto Soenario stated that the company is exploring non-cocoa raw materials, including coffee, nuts, milk powder, and other food ingredients.
“This initiative is designed to expand the company’s role within the food industry value chain—not only as a finished goods producer, but also as a provider of raw materials and integrated solutions for industry players,” he said in an official statement.
He added that this strategy opens new opportunities, including strengthening raw material processing capabilities, enhancing product formulation, and fostering innovation through partnerships.
This approach is intended to unlock new growth drivers while reinforcing the company’s position within the food and beverage ecosystem.
In recent years, international expansion has become a key focus, with the company actively evaluating strategic partnerships and acquisition opportunities that create added value.
Sugianto noted that the process is still in its early stages, with several candidates currently under evaluation based on their synergy potential.
Southeast Asia continues to show strong prospects in the FMCG sector, with industry reports indicating a compound annual growth rate (CAGR) of around 5–8%. Euromonitor International identifies the region as one of the fastest-growing markets for consumer goods, driven by a rising middle class and increasing modern retail penetration.
Indonesia has also recorded solid performance. Data from Kementerian Perindustrian shows that the food and beverage industry grew by 6.15% in Q2 2025, outperforming national economic growth reflecting strong consumer demand.
