Mokam sign deal with Indonesian FMCG
Business Desk :
Bangladesh’s leading B2B commerce platformMokam, has joined hands with Kalbe, an Indonesian Fast-Moving Consumer Goods (FMCG) and healthcare giant.
This significant agreement was sealed during the 38th Trade Expo Indonesia, marking a significant step in international cooperation.
Notable attendees at the signing ceremony included Mr. Bujung Nugroho, Director, Kalbe International, and HE Heru H. Subolo, Ambassador of the Indonesian Embassy of Bangladesh and Nepal, said a press release.
Kalbe, a renowned name in both FMCG and pharmaceuticals, takes pride in being the largest publicly listed company in Southeast Asia, boasting a market capitalization of over 5 billion USD.
With a history dating back to 1966, Kalbe has steadily evolved into a diversified healthcare company offering a wide array of products and services.
Their reputation extends far and wide, making them one of Southeast Asia’s key players in pharmaceuticals and healthcare.
At the core of Kalbe’s operations lies the production and distribution of pharmaceuticals, over-the-counter (OTC) drugs, nutritional products, and various healthcare-related items.
Having established a strong presence in Indonesia, Kalbe has ventured into international markets.
Through this partnership, Kalbe looks forward to making a meaningful impact in the emerging Bangladeshi market.
Kalbe operates in several countries globally, including Malaysia, Australia, New Zealand, and numerous nations in Africa.
Mokam is the B2B commerce wing of ShopUp, connecting mills and manufacturers to small shops.
Currently, 20 million people access food and essentials through Mokam’s nationwide network of small shops.
“We are honored to partner with an esteemed organization like Kalbe and to introduce their high-quality products to the people of Bangladesh.
We are dedicated to ensuring that these products are readily available to small retail stores, making them accessible to customers at affordable prices.
This partnership is a testament to the robust distribution network we are building on a national scale”, Nazir Ahmed, CEO of Mokam, said.
The partnership between Mokam and Kalbe reflects a shared commitment to enhancing access to top-tier healthcare and FMCG products for consumers across Bangladesh.
It signifies the harmonious coming together of two industry leaders and embodies the spirit of cooperative growth and economic development between Bangladesh and Indonesia.
Both nations are on the brink of an exciting new chapter in their trade relationship, and this partnership is a testament to their collaborative potential.
