Announced

Completed

Takeaway.com completed the acquisition of Delivery Hero's German operations for €930m.

Synopsis

Takeaway.com, an online food delivery marketplace in Continental Europe, completed the acquisition of Delivery Hero’s German business for €930m ($1063m). “This transaction enables us to strengthen our global footprint and increase our focus on our key growth regions while becoming a shareholder in Takeaway.com, enabling Delivery Hero to benefit further financially from any additional value that Takeaway.com may create. My sincere thanks go to our German teams for doing such a tremendous job and creating such outstanding businesses,” Niklas Östberg, Delivery Hero CEO.

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