Dr. August Oetker KG is a German holding company that operates through its global subsidiaries and five business divisions: food, beverages, banking, chemicals and hospitality services. Founded in 1891 and headquartered in Bielefeld, the group is one of Germany’s largest family businesses, with over 400 retail food products.
Pharmacist Dr. August Oetker, founded the business with his innovative new baking powder called “Backin”. The food company expanded its interests into other areas throughout the 20th century, such as shipping, banking and hospitality, notably during the leadership of the founder’s grandson Rudolf-August Oetker. In 1965, the company entered the logistics sector with its acquisition of Roland Transport. The business grew internationally under the leadership of Dr. H. C. August Oetker through the 80s and 90s, including the acquisition of the French hotel Château Saint-Martin & Spa. The food manufacturer Martin Braun was purchased, later becoming the Martin Braun Group with its own food company subsidiaries. The Oetker group acquired leading frozen cakes manufacturer Conditorei Coppenrath & Wiese in 2015 and created its sparkling wine group Henkell Freixenet in 2019. Through its 400 companies, Dr. August Oetker KG has approximately 37,937 employees and yearly revenue of €7.1 billion.
- Family name: Oetker family
- Sector: Consumer Products & Retail
- Founded: 1891
- Founder: Dr. August Oetker
- Country: Germany
- Company headquarters: Bielefeld, Germany
- Revenue: 13.3
- Employees: 30,787
- Website: oetker-group.com
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