Indofood was founded in 1969 as Lambang Insan Makmur, an instant noodles business[citation needed], with its brand Indomie launching in 1972.

[4] In January 2013, as part of a filing for the Indonesia Stock Exchange, Indofood said it was planning to buy 50% of Brazilian sugar-cane processor Companhia Mineira de Açúcar e Álcool Participações, (CMAA) for $72 million.

It was to be the sixth plant in Africa after Nigeria, Egypt, Sudan, Kenya and Ethiopia, and the biggest overseas Indomie factory.

[8] On February 17, 2021, Indofood CBP purchased all of the shares owned by Fritolay Netherlands Holding B.V., an affiliate of PepsiCo at PT Indofood Fritolay Makmur (IFL) worth IDR 494 billion, so that the production of Lay's, Cheetos and Doritos brand snacks in Indonesia would be stopped on August 18, 2021.

[9] Lay's, Cheetos and Doritos in the Indonesian market were rebranded into Chitato Lite, Chiki Twist and Maxicorn, respectively.