After a dispute that has lasted for decades, the owners of Oetker have now split the Bielefeld-based company into two parts. As both parts of the family have announced, corresponding applications for entry in the commercial register have been submitted. The three Oetker heirs, Dr. Alfred Oetker, Carl Ferdinand and Julia Johanna Oetker, will take over eight companies from the former Oetker Group with a turnover of around two billion euros via a new holding company. This includes the business with sparkling wine and wine, which includes such well-known brands as Henkell and Freixenet. The package also includes Martin Braun Backmittel, Chemische Fabrik Budenheim, some houses from the hotel division, the August Oetker art collection and other assets. As announced by Dr. Alfred Oetker, the co-chief executive of the new group, the companies are to steer a course of growth. The group will be bundled in Geschwister Oetker Beteiligungen KG.
According to the group’s press release, the shareholder families of Richard Oetker, Rudolf Louis Schweizer, Philip Oetker, Markus von Luttitz and Ludwig Graf Douglas will remain owners of Dr. August Oetker KG as well as, among others, Dr. August Oetker Nahrungsmittel, Conditorei Coppenrath & Wiese, the Radeberger Group with its specialist beverage markets and wholesalers, and the Flaschenpost delivery service. Furthermore, Oetker Digital GmbH, OEDIV Oetker Daten- und Informationsverarbeitung KG, Brenner’s Park Hotel GmbH in Baden-Baden and Hôtel du Cap-Eden-Roc S.A.S. in Antibes as well as smaller companies such as Roland Transport KG or Handelsgesellschaft Sparrenberg mbH.
The food companies of Dr. Oetker increased their turnover in the 2020 financial year to around 3.7 billion euros and were thus able to grow by 11%, adjusted for consolidation group and exchange rate effects.
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