Oetker Group

Food manufacturer Dr. Oetker has announced that it has signed a contract to acquire Kathi, a fellow German company that makes baking products. Founded in 1951, Kathi operates a production facility in Halle, Saxony-Anhalt, and offers a wide range of products including baking mixes, pastries, flour, frozen cakes and baking accessories. Commenting on the move, Kathi managing director Marco Thiele said: “Against the backdrop of the persistently difficult economic conditions and …