Dr. Oetker announced the acquisition of Galileo Lebensmittel KG, a Trierweiler-based company specializing in frozen pizza snacks. The transaction, signed on March 23, is subject to regulatory approval.
Dr. Oetker companies achieved sales of around EUR 3.7 billion in the 2021 financial year, on par with the 2020 results, despite market disruptions caused by the global pandemic. The company achieved around 66% of its total sales outside of Germany.