Hannover / DE. (mbg) At the end of September German Martin Braun-Gruppe, subsidiary of German Oetker-Gruppe has taken over 55 percent of the shares in the Turkish manufacturer of baking ingredients Polen Gida. Having its headquarter in Istanbul the company is the market leader for bakery ingredients in the Turkish market. In the future Polen Gida is led together by the current owners and the Martin Braun-Gruppe as a joint venture. The company´s origin lies in the area of pre-products for bread / bread rolls and they continuously developed in the segment of sweet bakery ingredients. With approximately 200 employees Polen Gida has achieved an impressive growth in recent years thanks to innovative products and concepts. The successful Turkish company will be an important commercial partner for Martin Braun to develop the Turkish market and to extend the versatile product portfolio of the group at the same time. The strategic internationalization of Martin Braun is consistently continued with this new extension of the company group.
Martin Braun-Gruppe is integrated in the Food Division of the Oetker Gruppe and consolidates all companies from the area «Large-Scale Consumer Baking». Martin Braun-Gruppe counts more than 1’500 employees at 13 locations and is represented with its products in more than 70 countries.
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