Overview

• Dr. Oetker Group finalized its purchase of Kathi, the 1951-founded East German maker of backmischungen and cake specialties.
• The acquisition transfers Kathi’s Halle (Saale) production facility and all its employees to Oetker’s portfolio.
• Kathi will retain its historic name, existing product range and independent management led by Marco Thiele.
• Marco Thiele said partnering with Oetker provides the family business with stability facing challenging economic conditions.
• Oetker intends to strengthen its market share in baking mixes and cake specialties through this strategic acquisition.