Dr. Oetker Acquires Wilton Brands

Dr. Oetker is the umbrella organization of numerous production and sales companies within the Oetker Group, which are active in 39 countries and, in addition to the core markets in Europe, also operate in North and South America as well as in Africa, Asia, and Australia. Dr. Oetker is one of the leading branded goods companies in the German food industry. The diverse product landscape, with around 1,000 products in Germany and some 4,000 different products worldwide, includes baking articles, baking mixes, decorative articles, desserts, sweet meals, chilled desserts, canned products, ready-made cakes, Vitalis muesli, frozen pizzas and snacks, refined products, and a varied range for bulk consumers.

TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.