Brandtree

Who owns Tolak Angin?

Tolak Angin is owned by Sido Muncul (Indonesia, IDX: SIDO).[1]

This ownership is reported in official statements but has not yet been matched to a regulatory filing.

Key facts

Current owner
PT Industri Jamu dan Farmasi Sido Muncul Tbk reported
Owned since
Not recorded
Previous owner
None recorded
Owner HQ
🇮🇩 Indonesia
Origin
🇮🇩 Indonesia
Founded
1940 by Rakhmat Sulistio
Category
Consumer healthOver-the-counter medicineCold
Parent ticker
IDX: SIDO
Last verified
· 2 sources

About Tolak Angin

Tolak Angin is a liquid herbal remedy for masuk angin, the Indonesian name for a cluster of chills, bloating, nausea and tiredness. Rakhmat Sulistio began formulating it in 1930 and it went on sale as a hot herbal drink in 1940. Today it comes in 15 ml sachets blending twelve herbs, among them ginger, mint, fennel and ules wood, with honey, plus children's, flu and sugar-free versions, soft capsules and sweets.

Ownership timeline of Tolak Angin

Owners of Tolak Angin over 1940 to 2026 Sido Muncul start not recorded–present Sido Muncul (start not recorded) 19401960198020002020
  1. ? – present Sido Muncul [1] reported

Where Tolak Angin sits in Sido Muncul

Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.

Where Tolak Angin sits in Sido Muncul Tree of 5 brands under Sido Muncul. Sido Muncul Tolak Angin Kuku Bima Ener-G! Kunyit Asam Sido Muncul Susu Jahe Sido Muncul Tolak Linu

Open the full Sido Muncul ownership tree →

Other brands owned by Sido Muncul

See the full Sido Muncul brand portfolio (5) →

Latest news about Tolak Angin

No tagged news items yet. Deals, regulatory actions and recalls are added from SEC filings, regulators and trade press; only titles and links are stored.

Headlines link to the original publisher. Brandtree does not reproduce article text.

Frequently asked questions

Who is the parent company of Tolak Angin?

The parent company of Tolak Angin is Sido Muncul, a publicly listed company headquartered in Indonesia.

Is Tolak Angin Indonesian?

Yes. Tolak Angin originated in Indonesia in 1940 and its owner, Sido Muncul, is also headquartered in Indonesia.

Is Tolak Angin still owned by Sido Muncul?

Yes. As of 16 September 2026, Tolak Angin is still owned by Sido Muncul. The ownership record was last checked against primary sources on that date.

Sources (2) & 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. [1] Sido Muncul — Our History — PT Industri Jamu dan Farmasi Sido Muncul Tbk, Official document; retrieved 16 September 2026.
  2. [2] Sido Muncul — Tolak Angin — PT Industri Jamu dan Farmasi Sido Muncul Tbk, Official document; retrieved 16 September 2026.

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