The German food processing company Dr. Oetker will restitute a Nazi-looted painting from its corporate art collection to the heirs of the previous Jewish owners, the firm announced on Tuesday.

In addition to the Dr. Oetker brand, the company owns multiple well-established baking and dessert brands in more than 35 countries across the globe.

BIELEFELD, GERMANY — German food conglomerate Dr. August Oetker KG has entered into an agreement to acquire Wilton Brands, a baking, cake decorating and candy making brand, from TowerBrook ...

Dr. Oetker acquires Belgian pudding mix brand Imperial from GB Foods Imperial products are sold into retail and foodservice in Europe, including in Luxembourg, the Netherlands and France.