Germany’s culinary traditions are as rich and diverse as its cultural heritage, with classic dishes like sausages, pretzels, sauerkraut, and beer taking center stage.

From Riesling and schnapps to frothing steins of beer, the Germans have long loved alcohol. But they are now drinking less than ever — and not just during Dry January.

The highly indebted German agricultural and building materials group BayWa intends to press ahead with its reorganization ...