About Dr Gerard
Dr Gerard produces cookies and chocolate products whose quality is a result of the combination of a traditional production of 'sweet' products with the most advanced technology currently available on the market. Established in 1993 in Lipiny Stare, Dr Gerard is now one of the biggest and most important producers of confectionery products in Poland. When it first started operations, it produced only four types of shortcrust pastry cookies and a small round gingerbread. After installing a semi-automated production line, the company was able to launch 50 new cookies, which are still very popular among consumers today. In 1999 the company undertook an intense process of modernization. Today, the company has a fully automated production line, and produces an attractive portfolio of over 200 types of cookies and biscuits.
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Latest Dr Gerard News
Oct 18, 2022
10/17/2022 | 11:46pm EDT Message : *Required fields BENGALURU (Reuters) - Indian biscuit maker Parle Products is in discussions to consider buying Poland-based peer Dr Gerard from private equity firm Bridgepoint, newspaper Economic Times reported on Tuesday, citing people aware of the matter. Dr Gerard is valued at 10 billion to 12 billion rupees ($121.72 million to $146.07 million), the report said, with one of the people it cited saying it could be as high as 24 billion rupees. Founded in 1993, Dr Gerard makes over 200 different biscuits and salty snacks and exports to more than 30 countries, according to its website. Bridgepoint, which bought Dr Gerard from Groupe Poult of France in 2013, had appointed investment bank Houlihan Lokey to exit the business earlier this year before the Russia-Ukraine war slowed the sale process considerably, the report added. Parle, Bridgepoint and Dr Gerard did not immediately respond to Reuters' requests for comment. ($1 = 82.1550 Indian rupees)
Dr Gerard Frequently Asked Questions (FAQ)
Where is Dr Gerard's headquarters?
Dr Gerard's headquarters is located at ul. Poznańska 129/133, Ozarow Mazowiecki.
What is Dr Gerard's latest funding round?
Dr Gerard's latest funding round is Acq - Fin.
Who are the investors of Dr Gerard?
Investors of Dr Gerard include Bridgepoint.
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