Gudang Garam Company Description
As Indonesia's largest cigarette maker, PT Gudang Garam deals in droves of cloves to make fragrant clove cigarettes, called kreteks. Founded in 1958 by the Wonowidjojo family, Gudang Garam blends cloves with tobacco to produce more than 70 billion cigarettes annually. The company owns a 514-acre tobacco complex on eastern Java that includes machine-made and hand-rolled cigarette operations. Gudang Garam is affiliated with other firms involved in banking, investing, and polyester film production. The company's dominance in Indonesia is under fire from Philip Morris International, which acquired rival PT Hanjaya Mandala Sampoerna in 2005. Suryaduta Investama owns about 67% of Gudang Garam.
View the Comprehensive Company Description for Gudang Garam
The Company Description provides a historical perspective of Gudang Garam's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Gudang Garam's evolution in the marketplace.
