Chocolate Lake Co., the Jordanian chocolate and ingredients producer, is in talks with potential buyers over a strategic stake sale that could value the company at up to $800m, according to sources familiar with the matter cited by Bloomberg.

The Amman-based group has mandated Rothschild & Co. to advise on the process, which has attracted interest from both private equity firms and strategic investors. Discussions are ongoing, and no final decision has been made.

Founded in 2016, Chocolate Lake has grown into one of the Middle East’s leading chocolate manufacturers. The company produces over 600 products ranging from chocolates, fillings, and spreads to sauces, bites, and bars. Its branded products are distributed to restaurants, bakeries, cafes, and hotels in more than 40 countries.

A sale of this size would be one of Jordan’s largest M&A transactions in recent years. It comes against a challenging backdrop for the global chocolate sector, with cocoa prices hitting record highs last December and remaining elevated, pressuring demand amid broader food inflation.

Chocolate Lake did not respond to requests for comment, while Rothschild declined to comment.

If completed, the deal would mark a landmark investment opportunity for private equity in Jordan’s consumer sector, underscoring the region’s potential despite headwinds in global food markets.

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