Novae Capital Partners is delighted to announce its strategic investment in PT Bumi Mata Lindo, a Bali-based beer manufacturer known for its Island Brewing and Black Sand Brewery brands. The Company has earned acclaim for producing fresh, high-quality craft beers that embody Bali’s vibrant spirit.
Elliott Setiawan, Managing Partner of Novae Capital Partners, expressed his enthusiasm on the partnership: “At Novae Capital Partners, we are excited to foster businesses with passionate entrepreneurs that embody authentic values to deliver the best product in the market. Mattia, with Island Brewing and Black Sand Brewing, exemplifies this perfectly and together, we aim to further support their ambition of becoming the best home-grown craft beer manufacturer in the country.”
Founded in 2019 by Mattia Di Bitonto, Island Brewing and Black Sand Brewery have gained recognition for their originality and distinctive fresh craft beers that celebrate Bali’s vibrant culture and creativity. Reflecting on this milestone, Mattia remarked: “The partnership with Novae Capital Partners marks a new chapter in the Company’s continued growth and evolution. Novae Capital Partners’ belief in our mission allows us to maintain our authenticity, craftmanship and focus to deliver the best products in the market, while leveraging on their strategic insights and financial expertise as we embark on this journey. Together, we are excited to expand our reach, enhance our offerings, and continue redefining the craft beer experience for our customers.”
Mattia Di Bitonto will continue to lead the business and together with Novae Capital Partners, will look to accelerate the Company’s growth by expanding its production capabilities and capacity, develop new products, and scaling its distribution network across Indonesia; spreading Bali’s delicious products and good vibes to consumers throughout the nation.
