The Oetker Group, a prominent name in the food and beverage industry, has entered into an agreement to acquire Kathi, a manufacturer specializing in baking mixes and flour products based in Saxony-Anhalt, Germany. The announcement, made public by Kathi on Monday, signals Oetker’s intent to strengthen its position within the baking mixes and cake specialties market.
Kathi, founded in 1951, has established a strong consumer base, particularly in eastern Germany, with its range of baking products. The company’s operations are deeply rooted in the region.
A key aspect of the planned acquisition is the commitment to retaining Kathi’s existing infrastructure. Both the production facility located in Halle (Saale) and its workforce are expected to be integrated into the Oetker Group’s operations. Financial details regarding the purchase price have not been disclosed by either party. Kathi will continue to operate independently under its current management team, ensuring continuity of its established brand and consumer relationships.
