Panarium Group has acquired a majority stake in Bäckerei Wellmann, ensuring the preservation of its artisanal legacy and further growth in the competitive bakery industry.

Target Information

The Panarium Group, which includes several successful local artisan bakers in the regions of Bielefeld, Münster, and Paderborn, has acquired a majority stake in Bäckerei Wellmann. Wellmann is a prestigious artisan bakery with 25 locations in Osnabrück. This partnership represents a significant step towards the long-term preservation of the legacy built by Johannes and Natalie Külkens, who have successfully managed this family-operated business across three generations.

Johannes Külkens will continue to serve as Managing Director for the foreseeable future, actively facilitating the business transition. Additionally, Mr. Külkens will provide ongoing support to Bäckerei Wellmann and the entire Panarium Group as a co-partner and advisory board member.

Industry Overview in Germany

The bakery industry in Germany is one of the largest and most diverse sectors in the food industry, characterized by a strong presence of artisanal bake