# Newlat acquires EM Foods from Dr. Oetker

Newlat has purchased France-based EM Foods from Dr. Oetker for EUR 20 million, including a manufacturing plant in Ludres, France. The deal closed on 2 January 2023.

- Type: Acquisition
- Announced: 2023-01-02
- Where: Ludres, France, France
- Value: $21.5M (20.0M EUR)
- Status: completed
- Products: baking mixes, dessert mixes, yeasts, powdered sugar
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Dr. Oetker Group](https://endata.com/companies/36500.md) (partner)
- [Newlat](https://endata.com/companies/67826.md) (acquirer)
- [EM Foods](https://endata.com/companies/67827.md) (target)

## Sources

- [just-food.com](https://www.just-food.com/news/newlat-enters-unilever-tie-up-on-back-of-em-foods-buy-from-dr-oetker/), 2023-01-11: "Unilever chose EM Foods because they know the plant well and trust the service levels and quality of the production assets, as well as the important R&D centre that plays a fundamental role in recipe reformulation and new product launches."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.