Confectionery

Industry, Logistics & Shipping Miscellaneous

Saudi food company Al Babtain to sell entire stake in Jordan's Chocolate Lake

Thu, 30 Jul 2026

Saudi food company Al Babtain said it has agreed to sell its entire 3% stake in Jordan-based Chocolate Lake Company to Dubai group Indulgent Food International Holding. The deal is part of Indulgent Food's acquisition of a 70% stake in the confectionery maker from existing shareholders.