Unilever to sell baking and dessert business to Dr. Oetker

LONDON - Unilever has received a binding offer for the purchase of its Alsa baking and dessert business from Dr. Oetker for an undisclosed amount. According to Unilever, this transaction would include the manufacturing unit in Ludres, France. “In the context of our global strategy to accelerate long term, sustainable value creation, the baking and…

Dr. Oetker to close pizza site as the Canadian market becomes competitive

CANADA - Dr. Oetker, a subsidiary of Oetker Group has announced that it will be closing its pizza manufacturing site in Great Falls as the Canadian market has become unfavourable to them. The closure which is expected to take effect in May will lead to a 70% transition of its manufacturing to its facility in…