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Announced

Completed

Dr. August Oetker completed the acquisition of Galileo Lebensmittel.

Synopsis

Dr. August Oetker, a development, production and packaging of specialty and premium white label frozen mini pizza and snacking products company, completed the acquisition of Galileo Lebensmittel, a food manufacturer. Financial terms were not disclosed. "For Dr. Oetker, the planned acquisition of Galileo represents a significant expansion of our presence in the pizza snacks sector. We are delighted to be able to include Galileo Lebensmittel in our group, a company which, as a family-owned business, is an excellent fit with Dr. Oetker's values, goals and strategy," Dr. Albert Christmann, Dr. August Oetker Spokesman.

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