German food group Dr Oetker has completed the acquisition of Mexican confectioner D'Gari following approval from the local competition regulator.
The privately-owned company said the deal "builds" its international presence. "With the acquisition Dr Oetker… enters the Mexican market for gelatin desserts," the group said.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The acquisition includes D'Gari's production site Querétaro, Mexico, where around 600 people are employed.
Financial details of the transaction were not disclosed.
Last week Oetker announced the acquisition of German frozen cake maker Coppenrath & Wiese.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
