Who owns Cap Sapi?
Cap Sapi is owned by Ultrajaya (Indonesia, IDX: ULTJ).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: PT Ultrajaya Milk Industry & Trading Company Tbk Annual Report 2025. Last checked .
Key facts
- Current owner
- PT Ultrajaya Milk Industry & Trading Company Tbk reported
- Owner HQ
- 🇮🇩 Indonesia, West Bandung
- Origin
- 🇮🇩 Indonesia
- Category
- Food › Dairy & alternatives › Milk & cream
- Parent ticker
- IDX: ULTJ
- Last verified
- · 1 sources
About Cap Sapi
Cap Sapi is the sweetened condensed milk brand of Ultrajaya, sold in sterilised cans as a creamer and a chocolate version. The company entered sweetened condensed milk in the 1990s, but food products such as condensed and powdered milk are a small part of the business, contributing 0.65 per cent of its sales in 2025.
Ownership timeline of Cap Sapi
Where Cap Sapi sits in Ultrajaya
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Ultrajaya ownership tree →
See the full Ultrajaya brand portfolio (6) →
Other brands owned by Ultrajaya
Ultrajaya controls 6 brands on Brandtree, 3 of them in food.
Also in food
- Ultra Milk (1975)
- Ultra Mimi (2002)
Other brands in milk & cream, and who owns them
The 172 brands in milk & cream on Brandtree belong to 81 owners. The largest is Dairy Farmers of America, with 10; Ultrajaya has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| Alta Dena Dairy | Dairy Farmers of America | 🇺🇸 United States |
| Angkormilk | Vinamilk | 🇻🇳 Vietnam |
| Betta Milk | Bega | 🇦🇺 Australia |
| Coronado | Dos Pinos | 🇨🇷 Costa Rica |
| Ambewela | Lanka Milk Foods | 🇱🇰 Sri Lanka |
| Hi High | SUU | 🇲🇳 Mongolia |
| Guliduo | Yili | 🇨🇳 China |
| Campina | FrieslandCampina | 🇳🇱 Netherlands |
About the owner: Ultrajaya
Ultrajaya is a publicly listed company headquartered in West Bandung, Indonesia, founded in 1971. Brandtree records 6 brands under its control, and it is listed as IDX: ULTJ.
Ultrajaya is an Indonesian dairy and beverage maker that began as a home industry in Bandung in 1958, was formally established in 1971 and listed on the Indonesia Stock Exchange in 1990. UHT drinks made up 99.35 per cent of its Rp8.77 trillion of net sales in 2025, and 99.7 per cent of sales were in Indonesia. The Prawirawidjaja family controls it, with Sabana Prawirawidjaja holding 53.16 per cent and PT Prawirawidjaja Prakarsa 23.78 per cent.
🇮🇩 Cap Sapi and other Indonesian brands
Brandtree records a controlling owner for 161 brands that began in Indonesia. 7 of them (4%) are now controlled by a company headquartered in another country; Cap Sapi is not one of them.
- Astor — Mayora 🇮🇩
- Bango — Unilever 🇬🇧
- Boyki — Siantar Top 🇮🇩
- Cakra Kembar — Indofood 🇮🇩
- Chocolatos — Garudafood 🇮🇩
- Cimory — Cimory 🇮🇩
Frequently asked questions
Who is the parent company of Cap Sapi?
The parent company of Cap Sapi is Ultrajaya, a publicly listed company headquartered in Indonesia.
Is Cap Sapi Indonesian?
Yes. Cap Sapi originated in Indonesia and its owner, Ultrajaya, is also headquartered in Indonesia.
Is Cap Sapi still owned by Ultrajaya?
Yes. As of 16 September 2026, Cap Sapi is still owned by Ultrajaya. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] PT Ultrajaya Milk Industry & Trading Company Tbk Annual Report 2025 — PT Ultrajaya Milk Industry & Trading Company Tbk, Annual report; retrieved 16 September 2026.
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