Dharma Polimetal Accelerates Growth Through Strategic Moves

Acquisition of PT Mah Sing Indonesia

PT Dharma Polimetal Tbk (DRMA) is strategically enhancing its market position in the automotive component industry through significant acquisitions and expansion efforts. The company is currently finalizing the acquisition of an 82% stake in PT Mah Sing Indonesia, a plastic component manufacturer, for a total consideration of Rp 41 billion. According to Irianto Santoso, President Director of DRMA, the acquisition is expected to be completed by early December 2025.

Business Expansion Through New Facilities

In a parallel move, DRMA's subsidiary PT Dharma Controlcable Indonesia has expanded its operations by relocating to a new facility. The new site features a 1,000 m² land area with a significantly larger 14,900 m² factory space, representing a substantial increase in production capacity. This expansion is part of DRMA's broader strategy to enhance its manufacturing capabilities and meet growing demand in the automotive sector.

Strategic Implications

These strategic moves are expected to strengthen DRMA's competitive position in the automotive component market. The acquisition of Mah Sing Indonesia will not only expand DRMA's product portfolio but also enhance its market share in the plastic component segment. The simultaneous expansion of production facilities through Dharma Controlcable Indonesia demonstrates the company's commitment to supporting growing demand and improving operational efficiency.