Funds advised by KKR Asset Management LLC are picking up a minority stake in PT Tiga Pilar Sejahtera Food Tbk for an undisclosed amount.

PT Tiga is a food manufacturing, rice processing and distribution and palm oil company, controlled by TPS Group. Java, Indonesia-based TPS makes Indonesian brands Taro Snack, Mie Kremezz, Ayam Dua Telor, Superior, Tanam Jagung, Gulas Candy and Ayam Jago Rice.

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