Malaysian Cocoaland confirms talks with Swedish EQT Partners

On 3 April 2015 Cocoaland Holdings Bhd advised in a public statement that talks are ongoing with EQT Partners AB of Sweden. Cocoaland is an investment holding company engaged in manufacturing and trading of processed and preserved foods, fruits, and other related food stuffs primarily in Malaysia. Its confectionery manufacturing includes a variety of Chocolate, Candy, Snack, Wafer, Cookies, Soft Drinks, Nuts, Crackers, Gummy and Jelly.


EQT is the leading private equity group in Northern Europe, with portfolio companies in Europe, Asia and the US. EQT “invests in good companies across the world with a mission to help them develop into great and sustainable companies”.

Cocoaland announced that its major shareholder, Leverage Success Sdn Bhd is in preliminary discussions with EQT for various investment possibilities in Cocoaland including but not limited to acquisition of a majority or controlling interest in Cocoaland, takeover of Cocoaland or acquire the entire / part of Cocoaland’s business operation.

Private equity is an ownership model, generally investing in unlisted companies, playing a vital role in growing companies in many countries and industries. EQT’s companies have total sales of more than EUR 17 billion and over 140,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

Current portfolio includes the following Asian companies:
China F&B – China
Econ Healthcare – Singapore
Classic Fine Foods – Singapore
Dataflow – China
Japan Home Centre – China
LaoBaiXing – China
Modern Metal – China
PSM International – China

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