The Oetker Group announced its plan to acquire KATHI, a manufacturer specializing in baking mixes and flours based in Halle. Corresponding contracts have already been signed. The Oetker Group will take over the production facility in Halle and the employees of KATHI.
Despite challenging market conditions, the Oetker Group managed to increase its sales by 2.5 %, reaching approximately EUR 7.1 billion in 2024. The group is also forecasting moderate growth for the current financial year.
Dr. Albert Christmann hands over operational management to Carl Oetker and Dr. Niels Lorenz completes the new Group Management, as part of the Oetker Group’s long-term personnel and succession planning.
Dr. Oetker is expanding the popular seasonal ‘The Taste of Christmas’ range with three new decorative products, which are available from September 2024. The festive Rudolph Mix, the sweet Sugar Decorations and the sparkling glitter sugar writing can be used to transform cakes, pastries and desserts.
Dr. August Oetker Nahrungsmittel KG is expanding its international executive board. Carl Oetker will join the Board and assume responsibility for the Purchasing Department starting from August 15.
Despite the tense geopolitical situation and associated market disruptions, the Oetker Group managed to increase its sales organically by 6.3% to over EUR 6.9 billion in 2023. The group is forecasting moderate growth for the current financial year.
Dr. Oetker’s food companies (including Conditorei Coppenrath & Wiese) increased their total sales by 6.9%, to EUR 4.2 billion in the 2023 financial year.
On March 17, Dr. h. c. August Oetker, former Chairman of the Advisory Board and shareholder of Dr. August Oetker KG, will celebrate his 80th birthday. As a General Partner, he led the Oetker Group with his colleagues on the Group Management Board for over 30 years – from 1981 to the end of 2009 – and also served as Chairman of the Management Board of Dr. Oetker GmbH.
Peter Schmidt, a member of Conditorei Coppenrath & Wiese’s management board responsible for Marketing & Sales, Finance & Administration and Product Development (R&D) since December 1, 2015, will retire on March 1, 2024.
Dr. Oetker launched THE BIG DOUGHNATION, a four-week campaign to benefit Food Banks Canada and those facing the challenge of food insecurity – and is encouraging Canadians to help reach a CAD 150,000 target.
The Oetker Group announced it achieved “decent results” in FY 2022 and is “cautiously optimistic” about the current financial year. The Food, Beer and Non-Alcoholic Beverages and Other Interests business divisions achieved consolidated net sales of EUR 6,508 million, an increase of 11.6% compared to the previous year.
Dr. Oetker reports EUR 4 billion in sales for the 2022 financial year, an adjusted sales growth of 5.7%. In that time, investments amounted to around EUR 125 million. Around 65% of the total sales are outside of Germany.
