DSU

What DSU does

DSU (PT Dwi Satrya Utama) is a privately held Indonesian holding conglomerate founded in 1920 in Surabaya and headquartered at Tifa Building, Kuningan Barat, Jakarta. The group operates through multiple wholly-owned subsidiaries across five profit centers: manufacturing, trading, property, hospitality, and a formerly active financial services line. Manufacturing is the core and is executed through PT Berlina Tbk (a publicly listed plastic packaging producer since 1989 operating four factories across Indonesia and Hefei, China, serving cosmetics, pharmaceutical, food and beverage, and industrial customers), PT Lamipak Primula Indonesia (a 1985 joint venture with Mauritius-based Lamitube Technology Ltd producing plastic and laminated tubes on Swiss-made machinery for cosmetics and oral care), PT Kasrie and PT Nada Surya Tunggal (textile manufacturers of towels, blankets, and related products for retail, hospitality, healthcare, and pilgrimage markets), and PT East Java Match Factory Ltd/PT Esjamat (a 1953-established match manufacturer on a 61,280 m2 site in Pasuruan with 1.5 million boxes annual capacity). Trading is handled by PT KSU (towel marketing) and PT DSU Trading (matches across five Indonesian regions and exports to Europe, Africa, South America, South Asia, and Australia). Property operations span PT Tifa Arum Realty, PT Arya Ventura Realty, and PT Grahalestari Ciptakencana — holding Tifa Building, Ventura Building, and Talavera Building in Jakarta — while hospitality runs through Kokoon Hotels Villas. The financial services arm was divested through the 2011 IPO of PT Tifa Finance.

The business model is diversified B2B manufacturing plus ancillary service revenue. Direct enterprise sales dominate the plastics and textile segments, with PT Berlina and PT Lamipak qualifying as Tier 1 suppliers to multinational FMCG and pharmaceutical buyers including Unilever, Danone Aqua, Bayer, Beiersdorf, Reckitt Benckiser, Syngenta, Kao, and Campina. Distribution is achieved through a mix of direct B2B contracts, a five-region Indonesian retail and reseller network (Jakarta, Bandung, Semarang, Surabaya, Bali), and direct export sales to Europe (Belgium, Germany, Denmark, Poland, Finland, Switzerland, Sweden), Australia, South Africa, and broader regions. Pricing is not publicly disclosed. Revenue is generated from hardware sales (manufactured goods), property rentals (commercial buildings), and hospitality services. Ownership remains concentrated under founding family control of the holding company, with no disclosed venture capital or private equity participation in the parent entity; two subsidiaries (PT Berlina since 1989 and PT Tifa Finance since 2011) have accessed public equity markets independently.

Name

DSU

Legal name

PT DWI SATRYA UTAMA

Website

https://dsu.co.id

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

DSU (Dwi Satrya Utama) is a privately held Indonesian conglomerate, founded in 1920 and headquartered in Jakarta, operating through subsidiaries in plastic packaging (PT Berlina, PT Lamipak), textiles (PT Kasrie, PT Nada Surya Tunggal), match manufacturing (PT Esjamat), property, and hospitality, serving multinational FMCG, pharmaceutical, and consumer customers across Indonesia and global export markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Manufacturing Revenue: DSU generates revenue through diversified manufacturing operations including plastic packaging (PT Berlina, PT Lamipak), textiles (PT Kasrie, PT Nada Surya Tunggal), and matches (PT Esjamat). Products are sold domestically and exported globally.
2. Property and Real Estate: DSU operates property subsidiaries (PT Tifa Arum Realty, PT Arya Ventura Realty, PT Grahalestari Ciptakencana) generating rental and property income from commercial buildings including Tifa Building and Talavera Building.
3. Trading Revenue: PT DSU Trading and PT Kinerja Selaras Utama handle domestic and export trading of match products and textile products (towels), operating across five regions in Indonesia.
4. Hospitality Revenue: DSU operates Kokoon Hotels Villas as part of its hospitality profit center.
5. Financial Services: DSU previously operated financing companies and established PT Tifa Finance, which became a publicly listed company in 2011.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

DSU is an Indonesian conglomerate that manufactures and sells plastic packaging (cosmetic containers, plastic and laminated tubes, pharmaceutical and food & beverage packaging) through PT Berlina Tbk and PT Lamipak Primula Indonesia, produces textiles including towels, blankets and mosquito nets via PT Kasrie and PT Nada Surya Tunggal, and manufactures matches through PT Esjamat. It supports these operations with domestic trading subsidiaries and operates commercial property holdings plus Kokoon Hotels Villas for hospitality revenue.

Product overview

DSU (Dwi Satrya Utama) is an Indonesian conglomerate established in 1920 operating across multiple business segments. The product portfolio consists of manufacturing subsidiaries in plastic packaging (PT Berlina Tbk, PT Lamipak Primula Indonesia), textile manufacturing (PT Kasrie, PT Nada Surya Tunggal), and match production (PT East Java Match Factory Ltd), supported by trading operations (PT KSU, PT DSU Trading) for domestic distribution, and hospitality services (Kokoon Hotels Villas). The company also maintains property holdings through PT Tifa Arum Realty, PT Arya Ventura Realty, and PT Grahalestari Ciptakencana.

Differentiator

Problem solved

Functional benefit

Brands

• Kokoon Hotels Villas: Hospitality brand operated by DSU for hotel and villa services

Products and services

• PT Berlina Tbk Plastic Packaging Products Plastic packaging products including cosmetic containers, pharmaceutical packaging, and food & beverage packaging. Manufactured across four factories in Pandaan (East Java), Tangerang (Banten), Cikarang (West Java), and Hefei (China). Serves major Indonesian and multinational corporations in cosmetics, pharmaceuticals, food & beverage, and industrial products. PT Berlina became a publicly listed company in 1989.
• PT Lamipak Primula Indonesia Plastic Tubes Plastic tubes and laminated tubes for the cosmetics and oral care industry, manufactured using Swiss-made machinery with advanced production technology. The Cikarang factory (established 2005) has annual production capacity of 650 million tubes. PT Lamipak holds ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007 certifications.
• PT East Java Match Factory (PT Esjamat) Match Products Match products manufactured at a 61,280 m2 facility in Winong, Gempol, Pasuruan (East Java) using timber sourced from PT Perhutani, PT Perkebunan, and village farmers. Annual production capacity of 1,500,000 boxes. Operates under ISO 9001:2000 quality management system. Products are sold domestically and exported to Africa, South America, Europe, and South Asia.
• PT Kasrie Towel, Blanket and Textile Products Towels, blankets, and mosquito nets manufactured under the slogan 'Make The World a Softer Place.' Products sold through retail centers across Indonesia and exported to Belgium, Germany, Denmark, Poland, Finland, Switzerland, Sweden, Australia, and South Africa. Serves hotels, hospitals, retail chains, and umrah/hajj pilgrims.
• PT Nada Surya Tunggal Towel Products Towel manufacturing facility located in Pringapus, Ungaran, Semarang Regency. Specializes in towel production as a strategic expansion of DSU's textile capabilities.
• PT DSU Trading Domestic Match Distribution Trading subsidiary operating a Matches division distributed across five regions in Indonesia: Jakarta, Bandung, Semarang, Surabaya, and Bali. Handles domestic marketing of PT Esjamat match products.
• PT Kinerja Selaras Utama (PT KSU) Towel Marketing Marketing company focused on retail and hotel towel market penetration for products manufactured by PT Kasrie. Supports DSU's textile business through distribution and sales activities across Indonesia.
• Kokoon Hotels Villas Hospitality Services Hotel and villa hospitality business operated as part of DSU's hospitality profit center, branded under Kokoon Hotels Villas.
• Commercial Property Rental (Tifa Building, Talavera Building, Ventura Building) Commercial property real estate including Tifa Building (launched 1984, serves as DSU head office), Ventura Building (construction began 1990 via PT Arya Ventura Realty), and Talavera Building (construction began 2007). Managed through property subsidiaries PT Tifa Arum Realty, PT Arya Ventura Realty, and PT Grahalestari Ciptakencana.

Quantifiable outcome

• PT Berlina market capitalization as of October 2016: all 979,110,000 shares listed on Bursa Efek Indonesia
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Lamitube Technology Ltd (Mauritius)coreTechnology or Integration · 1 January 1985DSU partnered with Lamitube Technology Ltd of Mauritius to establish PT Lamipak Primula Indonesia in 1985, specializing in the production and marketing of plastic tubes and laminated tubes for the cosmetics and oral care industry. This partnership enabled access to advanced tube manufacturing technology.
• PT PerhutanicoreOthersPT Esjamat sources legal timber raw materials (pine and albasia wood) from PT Perhutani as part of its commitment to responsible forestry and environmental sustainability. This is critical as timber is the primary raw material for match production.
• PT PerkebunancoreOthersPT Esjamat sources legal timber raw materials from PT Perkebunan (state-owned plantation company) in addition to PT Perhutani and village farmers, ensuring a diversified and sustainable supply chain for match manufacturing.
• Kayu Rakyat (Village Farmers)minorOthersPT Esjamat also sources timber raw materials from village farmers (kayu rakyat) alongside PT Perhutani and PT Perkebunan, supporting local communities while ensuring sustainable raw material supply.

Scale indicators7 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Albea Group: Global leader in beauty, personal care, and oral care plastic tube manufacturing. Direct competitor to DSU's PT Lamipak Primula Indonesia in cosmetic and laminated tube production for multinational brands.
• Hoffmann Neopac: Swiss manufacturer of high-quality plastic and laminate tubes for cosmetics, oral care, and pharma. Direct technology peer to PT Lamipak, which uses Swiss-made tube machinery and competes in the same cosmetic/oral care tube category.
• Indopoly Swakarsa Industry: Indonesian publicly listed manufacturer of BOPP films and flexible plastic packaging serving FMCG customers. Comparable to DSU's PT Berlina in Indonesian plastic packaging manufacturing for consumer goods end markets.
• PT Polychem Indonesia: Indonesian publicly listed polyester yarn and textile manufacturer serving apparel and industrial textile markets. Direct Indonesian textile peer to DSU's PT Kasrie and PT Nada Surya Tunggal towel and blanket operations.
• PT Argha Karya Prima Industry: Indonesian publicly listed producer of BOPP and BOPET films and flexible packaging. Direct Indonesian peer to PT Berlina in plastic packaging manufacturing, serving similar FMCG and industrial packaging customers.

Emerging players

• Quadpack Industries: European designer and manufacturer of cosmetic packaging including tubes, jars, and airless systems. Comparable to PT Lamipak's cosmetic and oral care tube focus, particularly in serving indie and mid-tier beauty brands globally.

Broad incumbents

• Alpla Group: Austrian-headquartered global plastic packaging manufacturer serving FMCG, beauty, and food/beverage customers across rigid and flexible packaging. Broadly comparable to DSU's plastic packaging portfolio through PT Berlina and PT Lamipak.
• AptarGroup: Global dispensing systems and packaging leader serving beauty, personal care, home care, and food/beverage end markets. Comparable to DSU's combined PT Berlina and PT Lamipak packaging portfolio across multiple categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DSU