General Atlantic invests $130m in Indonesian dairy and food firm Cimory

General Atlantic invests $130m in Indonesian dairy and food firm Cimory

Dairy cows eat in a feeding barn at Lafranchi Ranch in Nicasio, California, U.S., on Friday, July 6, 2018. Photographer: David Paul Morris/Bloomberg

Global private equity firm General Atlantic has invested $130 million in IDX-listed dairy products and foods company PT Cisarua Mountain Dairy, or Cimory. The investment is equivalent to a 5.64% stake in Cimory, according to a media statement on Wednesday.