Acquisitions and Funding

The acquisition is expected to close in the third quarter of 2025.

Wilmar’s path to majority ownership began with a 13.5% stake sale by Adani in January 2025.

The acquisition is expected to improve Oetker’s presence in eastern Germany and diversify its baking portfolio.

The acquisition strengthens Dessert Holdings’ lineup of artisanal dessert brands that cater to both retail and food service sectors.

The financial terms of the deal, announced on March 20, weren’t disclosed.