M&As this week: Dr August Oetker KG, Aldomak

Dr August Oetker KG (Oetker Gruppe) has reached an agreement to acquire Diversi Foods, which will be clubbed into the former’s baking arm Martin Braun-Gruppe.

Based in Germany, Oetker Gruppe is engaged in providing food, beer and non-alcoholic beverages, wines and spirits, shipping, banking and other sectors.

Diversi Foods is a Belgium-based company engaged in the production and marketing of frozen and fresh bakery products.

Hand-made confectionery and baked goods manufacturer Aldomak has acquired The Handmade Meringue, a meringues producer.

Both companies involved in the transaction are based in the UK.