Coppenrath & Wiese

German FMCG firm Dr. Oetker has announced that it is to acquire Coppenrath & Wiese for an undisclosed amount. Coppenrath & Wiese is a leading European manufacturer of pies, tarts, cakes and pastries, and reported revenues of €367 million ($393 million) in 2013. Dr. Oetker’s interest in Coppenrath & Wiese was revealed as early as June last year, when it was reported the Bielefeld-based firm was “looking carefully” at the …

Dr. Oetker is the frontrunner in the race to acquire the bakery manufacturer Coppenrath & Wiese, according to a source quoted by Lebensmittel Praxis. The German Food, Beverages and Catering Union (NGG) is reported as saying that Dr. Oetker has begun talks, with no other potential buyers currently involved, although the deal is not yet certain. “Dr. Oetker wants to have a good look at the situation, weigh everything up, …