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GERMANY - Dr. Oetker, a German multinational company, has agreed to acquire a 60% majority stake in Belvini.de GmbH, one of the largest online wine traders operating in the German-speaking region. According to Dr. Oetker, it claims that Belvini’s portfolio of over 13,500 products from 800 importers and wineries from over 30 countries is the…
LONDON – Dr. Oetker, a German company that produces baking powder, cake mixes and various other products will be investing up to US$7 million in London’s plant, allowing for the workforce to increase to 300 from roughly 200, and nearly doubling production. According to an announcement, this will result in a new production line that…
GERMANY - Ellio’s Pizza, an American frozen pizza brand owned and distributed by Dr. Oetker, has expanded its portfolio with two delicious varieties of breadsticks during the National Frozen Food Day celebrations. According to the company, these new breadsticks come in two varieties that is, cheesy and parmesan & garlic flavors served on the brand's…
EUROPE - Bielefeld-based food manufacturer Dr. Oetker and Bavarian dairy producer Molkerei Gropper have set up a joint venture in order to pool their production, with each partner owning 50% of the venture. On this basis, both companies will significantly intensify and expand sales in their respective market segments in future. Dr. Oetker will be contributing its chilled products…
GERMANY - Dr. Oetker and Molkerei Gropper, the Bavarian dairy producer Molkerei Gropper plans to partner to form a 50-50 joint venture to bring together operations that will increase their production capacity. The venture which was expected to materialise on April 1, will showcase the companies’ interest in escalating sales in their respective markets with…
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…
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…
KENYA – Fanisi Capital has invested in Nairobi-based pizza-maker European Foods Africa Ltd (EFAL) as private equity
KENYA – Fanisi Capital has invested in Nairobi-based pizza-maker European Foods Africa Ltd (EFAL) as private equity