Dr. August Oetker KG, through its subsidiaries, engages in food, beer and non-alcoholic beverages, wines and spirits, shipping, banking, and other businesses in Germany and internationally. It produces and distributes baking goods, baking mixes, dessert powders, ready desserts, muesli products, frozen pizzas and snacks, sweet and hearty bakery products, bread/rolls, desserts and ice creams, and frozen bakery products; and markets and supplies fish, meat, fruits and vegetables, cheese, pasta and bread, desserts and sweets, and miscellaneous products to restaurateurs and private customers through its stores in Germany. The company also produces and sells beers; produces and distributes sparkli...
Founded in 1891
PE Firms Reportedly Make Preliminary Bids For Conditorei Coppenrath & Wiese
Jan 8 15
Conditorei Coppenrath & Wiese GmbH & Co. KGA has reportedly preliminary bids from a number of private-equity firms in a deal that valued about €400 million, two people familiar with the matter said. The sources stated that EQT Partners AB, Cinven Limited, CVC Capital Partners Limited and Montagu Private Equity LLP are among the interested parties and final offers are expected in the coming days. Dr. August Oetker KG was interested in Coppenrath but talks collapsed over price and Oetker is not taking part in the current bidding, one of the sources said. The source added: "I would not rule out that the main objective of the auction has been to push up the price and would not be surprised if Oetker ends up buying Coppenrath." M.M. Warburg and C.W. Downer are organizing the sale.