The foundation stone for today's giant group was laid by Dr. August Oetker (1862-1918). He invented the usable baking powder, which he and other products sold under the Dr. Oetker successfully sold. From the smallest beginnings, he developed an important food company. Dr. Richard Kaselowsky (1888-1944), who had married into the Oetker family, continued the founder's work and expanded the company through activities in Germany and in neighboring countries. Rudolf-August Oetker (1916-2007), the grandson of the company's founder, was involved in other industries in addition to the food business. The Oetker Group was created as a result of the diversification strategy and his willingness to expand. Dr. hc August Oetker (* 1944) is the fourth generation of the family to do business internationally, with the exception of global shipping, with the Oetker Group mainly operating in Europe.
With over 22,000 employees, the Oetker Group is now one of the largest, internationally active family businesses. The Oetker Group's holding company is Dr. August Oetker KG. Due to the diversification strategy serving to balance risks, six business areas were formed in which the companies manage their business with great independence. These are food, beer and soft drinks, sparkling wine and spirits, shipping, banking / insurance and other interests. The group includes the following important German sparkling wine brands (via Henkell): Deinhardstein, Prince of Metternich, Henkell. Kupferberg and Söhnlein, See also under globalization and largest wine companies in the world,