Takeaway.com €930 million acquisition of Lieferheld, Pizza.de and foodora

20/12/2018

Public acquisition

Value:

€ 930 million

Dollar value:

$ 1.034 billion

Status:

Announced

Date:

20/12/2018

Overview:

Netherlands online food delivery service, Takeaway.com, has reached an agreement to acquire the German food delivery businesses Lieferheld, Pizza.de and foodora from Delivery Hero for a mix of cash and an 18% stake in the Dutch, publicly traded acquirer.

Ben Naylor - Editor

Jurisdiction:

Germany

Deal type:

Public acquisition

Practice area:

M&A

Governing laws:

Germany
Netherlands

Industry sectors:

Technology and telecommunications
Food and beverage

Firms:

De Brauw Blackstone Westbroek

Party: Takeaway.com (Acquirer)

Lawyer: Klaas de Vries

Hengeler Mueller

Party: Takeaway.com (Acquirer)

Lawyers: Andreas Hoger, Johannes Tieves, Lucina Berger

Stibbe

Party: Delivery Hero (Seller)

Lawyers: Heleen Kersten, Pieter Schütte

Sullivan & Cromwell

Party: Delivery Hero (Seller)

Lawyers: Carsten Berrar, Konstantin Technau

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