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In 1995, Dr. Arend Oetker acquired a majority shareholding in Hero and re-positioned the Group to focus on branded business. Business segments that no longer fitted this brand strategy were divested. In parallel, the Group embarked on a major geographic expansion program.
The portfolio includes more than 300 individual companies in five different businesses, among them food (including Dr. Oetker GmbH and Coppenrath & Wiese KG), breweries (Radeberger Group), sparkling wine and spirits (Henkell & Co. Sektkellerei), banking (Bankhaus Lampe), and "further interests" (among them chemicals, financing, and participation, and a number of high-class hotels all over Europe).
The Oetker family is a German entrepreneurial dynasty from Bielefeld, Germany, who made their fortune in baking powder. The Oetker family was established by patriarch August Oetker who was the founder of Dr. Oetker, a leading German food manufacturing concern, which employed 29,000+ employees worldwide (2023). [1]
Rudolf August Oetker (20 September 1916 – 16 January 2007) colloquially also R.A. Oetker was a German industrialist, businessman, ship owner and philanthropist. Most notably he turned Dr. Oetker, founded by his grandfather August Oetker, into a multinational food conglomerate. During World War II, Oetker was a member of the Nazi Party. [1]
Henkell & Co. Sektkellerei KG, today Henkell Freixenet, is a German producer [1] of Sekt (German quality sparkling wine), wine and spirits based in Wiesbaden.From 1958 until October 2021, it belonged to Dr. August Oetker KG.
Alfred Heinrich Christoph Rudolf Oetker [1] colloquially Alfred Oetker (born 13 July 1967) is a Canadian-born German businessman and executive and member of the Oetker family. He is the third youngest son of Rudolf August Oetker and Maja Oetker. His net worth is estimated at $2.2 billion by Forbes magazine. [2]
Oetker was born 30 March 1939 in Bielefeld, Nazi Germany (presently Germany), the oldest of five children, to Heinrich Oetker, a farmer originally from Wiedensahl in Lower Saxony, and Ursula Oetker (née Oetker; 1915–2005), of the Oetker family. His parents were 8. cousins hence his name is the same in the paternal line. [1]
Richard Oetker (born 4 January 1951) is a German billionaire heir and businessman, who in 2010 became CEO of multinational food processing company Dr. Oetker. In 1976 he was kidnapped by Dieter Zlof, a Slovene-born mechanic, and only released after a substantial ransom was paid. As of October 2021, his net worth was estimated at US$2.7 billion. [1]