Among the obligate aerobic bacteria, acetic acid bacteria are well known for their powerful ability to oxidize alcohols, sugars, or sugar alcohols and to accumulate the corresponding oxidation products in the culture medium. These reactions are restricted to one-step incomplete oxidation (so-called oxidative fermentation) and are catalyzed by primary dehydrogenases located on the outer surface of the cytoplasmic membrane, the active sites of which face the periplasmic space. All enzyme activities are linked, without exception, to the terminal ubiquinol oxidase via ubiquinone in the respiratory chain of the organisms. The respective primary dehydrogenases working in the periplasmic sugar and alcohol respirations include many unique pyrroloquinoline quinone (PQQ)-dependent dehydrogenases (quinoproteins and quinoprotein-cytochrome c complexes) and fl avin adenine dinucleotide (FAD)-dependent dehydrogenases (fl avoprotein-cytochrome c complexes). Since this sugar and alcohol respiration does not seem to generate much energy, acetic acid bacteria use rapid oxidation to produce a large number of oxidation products, compensating for the necessary bioenergy required.We have learnt a lot about the biological activities of acetic acid bacteria in the past hundred years. Among them are classic but typically important microbial bioconversions for practical use, such as the production of vinegar, D-gluconate, and L-sorbose. However, our understanding of the molecular mechanisms remains to be clarifi ed. We have been trying to uncover the enzymatic and biochemical mechanisms of the respective enzymes in acetic acid bacteria since the 1970s. In this chapter, the properties and characteristics of the individual enzymes involved in oxidative fermentation are exemplifi ed.